TRX/USDT – 30M – SELL

The currency pair Tron/Tether (TRX/USDT) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 0.3208 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.3246 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 0.3205 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.3246 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.3246 – 0.3245 – 0.3227 – 0.3208 – 0.3215 – 0.3213 —
0.321900000 – 0.321300000 —
43.773575233251 – 32.385652658718 —
– —
0.3246 – 1782723600

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three Black Crows – – –