XRP/USDT – 30M – SELLThe currency pair Ripple/Tether (XRP/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 2.114900000 will persist.
Caution: A possible change in the direction of the resistance line at 2.181500000 could occur.
Consider stop-loss settings accordingly.
Then a ‘Evening Star’ candlestick chart pattern is discovered. The candles form ‘Evening Star’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Evening Star’ going down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.317300000 |
| 2nd High | 2.237900000 |
| Next High | 2.181500000 |
| Current Price | 2.138700000 |
| Next Low | 2.114900000 |
| 2nd Low | 1.900000000 |
| 3rd Low | 1.673900000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Evening Star