TRX/USDT – 1H – BUYThe pair Tron/Tether (TRX/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.3134 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.308 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.3134 |
| Current Price | 0.317800000 |
| Next Low | 0.308 |
| 2nd Low | 0.2991 |
| 3rd Low | 0.2964 |
0.3134 – 0.313 – 0.3053 – 0.308 – 0.308 – 0.2991 —
0.309500000 – 0.314900000 —
47.789880671818 – 69.785177085894 —
– —
0.3134 – 1774134000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –