XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 3.000400000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 3.049600000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
Besides a ‘Matching Low’ candle pattern is found. The chart shows ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.185800000 |
| 2nd High | 3.066900000 |
| Next High | 3.049600000 |
| Current Price | 3.039300000 |
| Next Low | 3.000400000 |
| 2nd Low | 2.964200000 |
| 3rd Low | 2.953200000 |
3.049600000 – 3.043000000 – 3.066900000 – 3.000400000 – 2.964200000 – 2.970800000 — 57.961991530718 – 57.434414268628
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low – Triple bottom chart pattern – –