The combination Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A bearish trend downwards to the next support level at 1.4073 is certain.
Caution: A possible counter-trend in the direction of resistance at 1.4573 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘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 chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51 |
| 2nd High | 1.4626 |
| Next High | 1.4573 |
| Current Price | 1.425100000 |
| Next Low | 1.4073 |
| 2nd Low | 1.3901 |
| 3rd Low | 1.3829 |
1.4573 – 1.4222 – 1.4206 – 1.4073 – 1.3901 – 1.3929 —
1.429900000 – 1.431000000 —
40.808430542315 – 46.553882077921 —
– —
1.4573 – 1778065200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – – –