Sell TRX/USDT – 30M – SELL

The currency pair Tron/Tether (TRX/USDT) moves from the ascending trendline down.

A descent downwards to the next support level at 0.3242 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.3305 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Outside Down’ candle chart pattern is detected. The chart forms ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (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 0.3229
3rd Low 0.3172

0.3265 – 0.3265 – 0.3244 – 0.3242 – 0.3229 – 0.3172 —
0.329600000 – 0.329900000 —
83.828789274306 – 77.788097214677 —
– —
0.3265 – 1783195200

Trading Signals:

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