Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.1137862 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.1302 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bearish Harami Cross’ candlestick chart pattern is found. The chart shows ‘Bearish Harami Cross’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.165 |
| 2nd High | 1.1354 |
| Next High | 1.1302 |
| Current Price | 1.092300000 |
| Next Low | 1.0535 |
| 2nd Low | 1.0451 |
| 3rd Low | 1.0345 |
1.1302 – 1.121 – 1.1043 – 1.0535 – 1.0674 – 1.0868 —
1.088500000 – 1.090100000 —
40.029836434667 – 45.033088624341 —
– —
1.1302 – 1784124000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Harami Cross – – –