The combination Tron/Tether (TRX/USDT) jumps from the ascending trendline down.
A descent down to the next support level at 0.3282 is certain.
Caution: A possible change in the direction of the resistance line at 0.333 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The currency pair is likely to fall.
Also there is a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
Also there is a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.3366 |
| Next High | 0.333 |
| Current Price | 0.328400000 |
| Next Low | 0.3282 |
| 2nd Low | 0.3275 |
| 3rd Low | 0.3265 |
0.333 – 0.3366 – 0.3344 – 0.3282 – 0.3275 – 0.3287 —
0.331800000 – 0.330000000 —
43.919605076892 – 37.041909124526 —
– —
0.333 – 1776659400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Black Crows – – –