TRX/USDT – 1H – BUY

The pair Tron/Tether (TRX/USDT) breaks through the ascending trendline upwards

A continuation of the bullish trend up to the next resistance at 0.3438 is considered certain.

Caution: A possible counter-trend in the direction of support at 0.3293 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 0.3438 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.3438 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Outside Up’ candlestick chart pattern is found. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.3438 – 0.3343 – 0.3275 – 0.3293 – 0.3253 – 0.3215 —
0.339800000 – 0.338100000 —
57.992193956247 – 55.567935988599 —
– —
0.3438 – 1777784400

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Up – – –