TRX/USDT – 30M – SELL

The currency pair Tron/Tether (TRX/USDT) moves from the bullish trendline downwards

A bearish movement down to the next support level at 0.3172 is likely expected.

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

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘Bearish Engulfing’ candlestick pattern is discovered. The candles form ‘Bearish Engulfing’. 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 success rate of a ‘Bearish Engulfing’ going down is 79%.

0.3196 – 0.319 – 0.3178 – 0.3172 – 0.3173 – 0.3154 —
0.317700000 – 0.319900000 —
49.465783748298 – 74.534258723339 —
– —
0.3196 – 1783000800

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –