The pair Tron/Tether (TRX/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.323 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.3168 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘Three Outside Up’ candle chart pattern is discovered. The chart shows ‘Three Outside Up’. 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.324 |
| 2nd High | 0.3234 |
| Next High | 0.323 |
| Current Price | 0.319200000 |
| Next Low | 0.3168 |
| 2nd Low | 0.3155 |
| 3rd Low | 0.3148 |
0.3185 – 0.3179 – 0.3158 – 0.3168 – 0.3155 – 0.3148 —
0.318600000 – 0.318900000 —
62.46638263106 – 60.776199194988 —
– —
0.3185 – 1781384400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Up – – –