XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A descent downwards to the next support line at 1.104500000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.186500000 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The 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 | 1.269800000 |
| Next High | 1.186500000 |
| Current Price | 1.100600000 |
| Next Low | 1.104500000 |
| 2nd Low | 1.031500000 |
| 3rd Low | 1.002600000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows