The currency pair Tron/Tether (TRX/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.3246 will persist.
Caution: A possible counter-trend in the direction of support at 0.3172 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.3224288 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.3246 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3318 |
| 2nd High | 0.3305 |
| Next High | 0.3246 |
| Current Price | 0.320400000 |
| Next Low | 0.3172 |
| 2nd Low | 0.3154 |
| 3rd Low | 0.3144 |
0.3196 – 0.319 – 0.3178 – 0.3172 – 0.3173 – 0.3154 —
0.319500000 – 0.320300000 —
66.131485839988 – 70.846997607592 —
– —
0.3196 – 1783000800
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – – Rising Wedge Chart Pattern – –