TRX/USDT – 1H – BUY

The combination Tron/Tether (TRX/USDT) breaks through the descending trendline upwards

An ascent up to the next resistance level at 0.2906 is likely expected.

Caution: A possible reversal of the trend in the direction of the support zone at 0.2886 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Outside Up’ candle chart pattern is detected. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.2906 – 0.292 – 0.2865 – 0.2886 – 0.2836 – 0.2843 —
0.289400000 – 0.290100000 —
45.783068134938 – 52.063557134991 —
– —
0.2906 – 1773363600

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Up – Rising Wedge Chart Pattern – –