XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) jumps from the ascending trendline down.
A bearish descent down to the next support level at 2.176100000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 2.293800000 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. this 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.909200000 |
| 2nd High | 2.728100000 |
| Next High | 2.293800000 |
| Current Price | 2.210400000 |
| Next Low | 2.176100000 |
| 2nd Low | 1.900000000 |
| 3rd Low | 1.673900000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows