The currency pair Ripple/Tether (XRP/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support level at is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.362 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Then a ‘Two Crows’ candle pattern is found. The candles form ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3733 |
| 2nd High | 1.3712 |
| Next High | 1.362 |
| Current Price | 1.345000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.362 – 1.3712 – 1.3603 – 1.3218 – 1.3381 – 1.3415 —
1.347200000 – 1.358700000 —
41.158762400627 – 54.800764490154 —
– —
1.362 – 1773001800
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Two Crows – – –