The pair Tron/Tether (TRX/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance level at 0.3246 is likely expected.
Caution: A possible counter-trend in the direction of support at 0.3144 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Besides a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3526 |
| 2nd High | 0.3342 |
| Next High | 0.3246 |
| Current Price | 0.320200000 |
| Next Low | 0.3144 |
| 2nd Low | 0.3108 |
| 3rd Low | 0.3078 |
0.3246 – 0.3342 – 0.323 – 0.3144 – 0.3186 – 0.3163 —
0.317700000 – 0.317800000 —
35.82931229684 – 45.014044317921 —
– —
0.3246 – 1782720000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –