XRP/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 1.3516 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 1.423000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.4332 |
| Next High | 1.423000000 |
| Current Price | 1.393400000 |
| Next Low | 1.3341 |
| 2nd Low | 1.27 |
| 3rd Low | 1.1172 |
1.423000000 – 1.3807 – 1.4035 – 1.3341 – 1.3379 – 1.3369 —
1.423000000 – 1.405500000 —
72.66222851741 – 60.17056195237 —
1.423000000 – 1772469000 —
– 1772469000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – – –