TRX/USDT – 30M – SELL

The currency pair Tron/Tether (TRX/USDT) jumps from the bearish trendline down.

A continuation of the bearish trend down to the next support line at is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.3276 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Additionally a ‘Bearish Belt Hold’ candle chart pattern is found. The candles show ‘Bearish Belt Hold’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

0.3276 – 0.3278 – 0.3326 – 0.3258 – 0.3227 – 0.3264 —
0.327400000 – 0.327000000 —
55.468439126079 – 47.285385796818 —
– —
0.3276 – 1780893000

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bearish Belt Hold – Rising Wedge Chart Pattern – –