Then a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.40115 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 1.41 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4466 |
| 2nd High | 1.4209 |
| Next High | 1.41 |
| Current Price | 1.408100000 |
| Next Low | 1.3901 |
| 2nd Low | 1.3829 |
| 3rd Low | 1.3814 |
1.41 – 1.4209 – 1.399 – 1.3901 – 1.3929 – 1.3829 —
1.410000000 – 1.416000000 —
61.754888848513 – 57.178558318511 —
– —
1.41 – 1777966200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –