TRX/USDT – 30M – SELLAlso there is a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The pair Tron/Tether (TRX/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support level at 0.2894 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.292 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.2878 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.292 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.292 |
| Current Price | 0.289500000 |
| Next Low | 0.2894 |
| 2nd Low | 0.2836 |
| 3rd Low | 0.2833 |
0.292 – 0.2916 – 0.2864 – 0.2894 – 0.2836 – 0.2852 —
0.290100000 – 0.290300000 —
49.509079773295 – 52.3782370019 —
– —
0.292 – 1773273600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – – Rising Wedge Chart Pattern – –