XRP/USDT – 1H – SELLThe pair Ripple/Tether (XRP/USDT) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 2.114900000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 2.207600000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.317300000 |
| 2nd High | 2.237900000 |
| Next High | 2.207600000 |
| Current Price | 2.172300000 |
| Next Low | 2.114900000 |
| 2nd Low | 1.900000000 |
| 3rd Low | 1.429200000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows