XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) jumps from the ascending trendline downwards
A descent downwards to the next support line at 2.419500000 is expected.
Caution: A possible change in the direction of the resistance level at 2.486200000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Harami’ candle pattern is discovered. The candles form ‘Bearish Harami’. 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 chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.529000000 |
| 2nd High | 2.496200000 |
| Next High | 2.486200000 |
| Current Price | 2.441400000 |
| Next Low | 2.419500000 |
| 2nd Low | 2.332300000 |
| 3rd Low | 2.311300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Harami