The currency pair Tron/Tether (TRX/USDT) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.3053 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.2993 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
Furthermore a ‘Three Outside Up’ candlestick chart pattern is detected. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.3093 |
| Next High | 0.3053 |
| Current Price | 0.303300000 |
| Next Low | 0.2993 |
| 2nd Low | 0.2964 |
| 3rd Low | 0.2959 |
0.3053 – 0.3044 – 0.3093 – 0.2993 – 0.2964 – 0.2959 —
0.302800000 – 0.302800000 —
43.583974757057 – 41.52037790347 —
– —
0.3053 – 1773885600
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Up – Symmetrical Triangle Chart Pattern – –