XRP/USDT – 30M – SELLThe pair Ripple/Tether (XRP/USDT) goes from the ascending trendline down.
A bearish descent downwards to the next support level at 2.090100000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 2.468300000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.728100000 |
| 2nd High | 2.474300000 |
| Next High | 2.468300000 |
| Current Price | 2.301500000 |
| Next Low | 2.090100000 |
| 2nd Low | 2.016000000 |
| 3rd Low | 1.995400000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows