The currency pair Tron/Tether (TRX/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at is expected.
Caution: A possible counter-trend in the direction of the support level at 0.3215 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.349600000 |
| Next Low | 0.3215 |
| 2nd Low | 0.3198 |
| 3rd Low | 0.3133 |
0.3438 – 0.3263 – 0.3357 – 0.3215 – 0.3198 – 0.3263 —
0.345600000 – 0.347200000 —
68.915794318839 – 69.854836703759 —
– —
0.3438 – 1777780800
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –