Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 1.4219 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of support at 1.4665 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Two Crows’ candlestick pattern is detected. 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’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.5414 |
| 2nd High | 1.4817 |
| Next High | 1.4665 |
| Current Price | 1.431200000 |
| Next Low | 1.4219 |
| 2nd Low | 1.4092 |
| 3rd Low | 1.3871 |
1.4665 – 1.4607 – 1.4817 – 1.4434 – 1.4219 – 1.4507 —
1.443800000 – 1.440700000 —
40.913397488324 – 44.573437861501 —
– —
1.4665 – 1773993600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –