Sell TRX/USDT – 30M – SELL

The pair Tron/Tether (TRX/USDT) jumps from the bearish trendline down.

A continuation of the downward movement down to the next support level at 0.3157 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.3171 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Matching Low’ candlestick pattern is found. The candles show ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.3197
2nd High 0.3186
Next High 0.3171
Current Price 0.316200000
Next Low 0.3157
2nd Low 0.3128
3rd Low 0.311

0.3171 – 0.3186 – 0.3197 – 0.3157 – 0.3169 – 0.3185 —
0.316500000 – 0.316700000 —
41.90180596463 – 50.937041872852 —
– —
0.3171 – 1775518200

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