TRX/USDT – 1H – BUYThe currency pair Tron/Tether (TRX/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 0.3183 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.3163 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Outside Up’ candle pattern is detected. The candles form ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.323 |
| 2nd High | 0.3217 |
| Next High | 0.3183 |
| Current Price | 0.320500000 |
| Next Low | 0.3163 |
| 2nd Low | 0.3155 |
| 3rd Low | 0.312 |
0.3183 – 0.3217 – 0.323 – 0.3163 – 0.3182 – 0.3155 —
0.317400000 – 0.320700000 —
46.739186510518 – 69.593043797243 —
– —
0.3183 – 1781632800
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Outside Up – – –