TRX/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.2878 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.292 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Bearish Engulfing’ chart pattern is discovered. The candles show ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

0.292 – 0.2916 – 0.2864 – 0.2886 – 0.2886 – 0.2894 —
0.289100000 – 0.290400000 —
44.028452660751 – 62.586733959703 —
– —
0.292 – 1773273600

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bearish Engulfing – – –