XRP/USDT – 1H – SELLThe combination Ripple/Tether (XRP/USDT) jumps from the bullish trendline down.
A bearish movement downwards to the next support line at 1.5274 will continue.
Caution: A possible change in the direction of the resistance zone at 1.612200000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. 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 chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.9378 |
| 2nd High | 1.6339 |
| Next High | 1.612200000 |
| Current Price | 1.522300000 |
| Next Low | 1.5274 |
| 2nd Low | |
| 3rd Low |
1.612200000 – 1.6339 – 1.9378 – 1.5274 – 1.5879 – 1.7107 —
1.612200000 – 1.564800000 —
53.776539359736 – 34.831775035151 —
1.612200000 – 1770192000 —
– 1770192000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –