The currency pair Tron/Tether (TRX/USDT) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.3287 is likely expected.
Caution: A possible change in the direction of the support level at 0.3217 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bullish Belt Hold’ chart pattern is detected. The candles form ‘Bullish Belt Hold’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3336 |
| 2nd High | 0.3323 |
| Next High | 0.3287 |
| Current Price | 0.325100000 |
| Next Low | 0.3217 |
| 2nd Low | 0.3144 |
| 3rd Low | 0.3108 |
0.3287 – 0.3323 – 0.3336 – 0.3217 – 0.324 – 0.3289 —
0.323100000 – 0.323900000 —
33.461410664442 – 45.317136610774 —
– —
0.3287 – 1784102400
Trading Signals: CRYPTO – TRX – TRX/USDT – USDT – Bullish Belt Hold – – –