TRX/USDT – 1H – BUY

The pair Tron/Tether (TRX/USDT) breaks through the descending trendline upwards

An ascending movement up to the next resistance line at 0.3236 will persist.

Caution: A possible change in the direction of the support zone at 0.3219 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 0.327 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.3236 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three White Soldiers’ chart pattern is found. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.3236 – 0.3287 – 0.3265 – 0.3219 – 0.3217 – 0.323 —
0.323800000 – 0.323300000 —
59.068815634472 – 51.291073930583 —
– —
0.3236 – 1784307600

Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Three White Soldiers – – –