TRX/USDT – 1H – SELLThe combination Tron/Tether (TRX/USDT) moves from the ascending trendline downwards
A descending movement down to the next support level at 0.3242 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.3305 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Matching Low’ candlestick chart pattern is existing. The chart shows ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3342 |
| 2nd High | 0.3318 |
| Next High | 0.3305 |
| Current Price | 0.328300000 |
| Next Low | 0.3242 |
| 2nd Low | 0.3172 |
| 3rd Low | 0.3154 |
0.3265 – 0.3196 – 0.319 – 0.3242 – 0.3172 – 0.3154 —
0.325100000 – 0.330400000 —
54.232158677242 – 77.955708318711 —
– —
0.3265 – 1783170000
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –