XRP/USDT – 30M – SELLThe pair Ripple/Tether (XRP/USDT) goes from the ascending trendline down.
A descending movement down to the next support level at will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 3.185800000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Moreover a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.372600000 |
| 2nd High | 3.351200000 |
| Next High | 3.185800000 |
| Current Price | 3.095400000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.185800000 – 3.137600000 – 3.073100000 – 3.089000000 – 3.018000000 – 2.935700000 — 41.685125610085 – 34.18093481516
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –