XRP/USDT – 30M – SELLThe currency pair Ripple/Tether (XRP/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 1.403300000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 1.595400000 could occur.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. this 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 success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.630000000 |
| Next High | 1.595400000 |
| Current Price | 1.458800000 |
| Next Low | 1.403300000 |
| 2nd Low | 1.350000000 |
| 3rd Low | 1.095300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows