XRP/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 1.40115 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.4206 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish Harami’ candlestick chart pattern is found. The chart shows ‘Bearish Harami’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4466 |
| 2nd High | 1.4209 |
| Next High | 1.4206 |
| Current Price | 1.409900000 |
| Next Low | 1.3901 |
| 2nd Low | 1.3829 |
| 3rd Low | 1.3814 |
1.4206 – 1.41 – 1.4209 – 1.3901 – 1.3929 – 1.3829 —
1.413800000 – 1.409800000 —
57.037486317576 – 50.825421504628 —
– —
1.4206 – 1777986000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Harami – Symmetrical Triangle Chart Pattern – –