TRX/USDT – 30M – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The currency pair Tron/Tether (TRX/USDT) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 0.3362 is expected.

Caution: A possible change in the direction of the resistance zone at 0.342 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Next a ‘Bearish Engulfing’ candlestick pattern is detected. The candles show ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

0.342 – 0.3417 – 0.3409 – 0.3362 – 0.3375 – 0.3356 —
0.339800000 – 0.340900000 —
41.211800464517 – 55.171312428256 —
– —
0.342 – 1777939200

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –