The combination Tron/Tether (TRX/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support level at 0.3219 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.3326 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The pair is likely to go down.
And also a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3526 |
| 2nd High | 0.3358 |
| Next High | 0.3326 |
| Current Price | 0.331800000 |
| Next Low | 0.3219 |
| 2nd Low | 0.3195 |
| 3rd Low | 0.3183 |
0.3275 – 0.324 – 0.3226 – 0.3219 – 0.3195 – 0.3183 —
0.333700000 – 0.333600000 —
71.385702401756 – 55.82753365596 —
– —
0.3275 – 1782028800
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –