XRP/USDT – 30M – SELLAnd also a ‘Double bottom retreat down’ chart pattern is discovered. The chart picture forms ‘Double bottom retreat down’. this is a bearish pattern signal. The currency pair is likely to fall.
The combination Ripple/Tether (XRP/USDT) goes from the bullish trendline down.
A bearish movement downwards to the next support level at 3.002400000 will continue.
Caution: A possible change in the direction of resistance at 3.140700000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.351200000 |
| 2nd High | 3.142700000 |
| Next High | 3.140700000 |
| Current Price | 3.125100000 |
| Next Low | 3.002400000 |
| 2nd Low | 2.991500000 |
| 3rd Low | 2.964100000 |
3.140700000 – 3.142700000 – 3.351200000 – 3.002400000 – 3.029500000 – 2.991500000 — 71.800732958038 – 59.744719783396
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom retreat down – –