XRP/USDT – 1H – BUYThe combination Ripple/Tether (XRP/USDT) jumps from the bullish trendline downwards
A bearish trend downwards to the next support line at 2.246500000 will continue.
Caution: A possible change in the direction of resistance at 2.398600000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Concealing Baby Swallow’ candlestick pattern is existing. The candles show ‘Concealing Baby Swallow’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Concealing Baby Swallow’ going down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.474300000 |
| 2nd High | 2.468300000 |
| Next High | 2.398600000 |
| Current Price | 2.337300000 |
| Next Low | 2.246500000 |
| 2nd Low | 2.235100000 |
| 3rd Low | 2.200100000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Concealing Baby Swallow