And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.
And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.3588326 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 1.3799 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Outside Down’ candle chart pattern is detected. The chart forms ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4067 |
| 2nd High | 1.3847 |
| Next High | 1.3799 |
| Current Price | 1.372200000 |
| Next Low | 1.3644 |
| 2nd Low | 1.3623 |
| 3rd Low | 1.3591 |
1.3799 – 1.3847 – 1.4067 – 1.3644 – 1.3623 – 1.3591 —
1.371000000 – 1.378800000 —
52.021177563077 – 60.225742081363 —
– —
1.3799 – 1777541400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –