The combination Tron/Tether (TRX/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.3246 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.317200000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
Moreover a ‘Three White Soldiers’ chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3318 |
| 2nd High | 0.3305 |
| Next High | 0.3246 |
| Current Price | 0.320500000 |
| Next Low | 0.317200000 |
| 2nd Low | 0.3154 |
| 3rd Low | 0.3144 |
0.3196 – 0.319 – 0.3246 – 0.317200000 – 0.3154 – 0.3144 —
0.317600000 – 0.320100000 —
49.25501443435 – 71.427289940071 —
0.317200000 – 1783044000 —
0.3196 – 1783000800
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –