TRX/USDT – 4H – SELL

The combination Tron/Tether (TRX/USDT) goes from the ascending trendline downwards

A descent downwards to the next support level at 0.2836 is expected.

Caution: A possible change in the direction of the resistance line at 0.2909 could be enabled.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.2880792 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 0.2909 could be enabled.
Consider stop-loss settings accordingly.

Additionally a ‘Three Outside Down’ candle chart pattern is discovered. The chart forms ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.2909 – 0.2881 – 0.2876 – 0.2836 – 0.279 – 0.2783 —
0.285300000 – 0.291300000 —
48.119332633173 – 67.874310088702 —
– —
0.2909 – 1773014400

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –