TRX/USDT – 1H – SELL

The pair Tron/Tether (TRX/USDT) goes from the bullish trendline down.

A bearish movement down to the next support level at 0.3439 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.349800000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Outside Down’ candle pattern is existing. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.349800000 – 0.3475 – 0.3461 – 0.3439 – 0.3419 – 0.3374 —
0.349800000 – 0.349200000 —
71.201958266647 – 62.393241924538 —
0.349800000 – 1778173200 —
– 1778173200

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –