Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.28765 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.292 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.292 |
| Current Price | 0.289100000 |
| Next Low | 0.2836 |
| 2nd Low | 0.2833 |
| 3rd Low | 0.2824 |
0.292 – 0.2865 – 0.2909 – 0.2836 – 0.2843 – 0.2858 —
0.290400000 – 0.290300000 —
58.884881220556 – 58.339217101531 —
– —
0.292 – 1773273600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – – Rising Wedge Chart Pattern – –