The currency pair Tron/Tether (TRX/USDT) goes from the ascending trendline down.
A bearish movement down to the next support level at 0.3399 will persist.
Caution: A possible change in the direction of the resistance zone at 0.3775 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. 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 | |
| Next High | 0.3775 |
| Current Price | 0.340800000 |
| Next Low | 0.3399 |
| 2nd Low | 0.3215 |
| 3rd Low | 0.3198 |
0.3775 – 0.3665 – 0.3584 – 0.3399 – 0.3585 – 0.3489 —
0.351400000 – 0.343700000 —
49.07728653685 – 32.120868848547 —
– —
0.3775 – 1779796800
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Black Crows – – –