XRP/USDT – 4H – SELLThe pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline down.
A bearish trend downwards to the next support line at 2.953200000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 3.185800000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.382500000 |
| 2nd High | 3.351200000 |
| Next High | 3.185800000 |
| Current Price | 2.996200000 |
| Next Low | 2.953200000 |
| 2nd Low | 2.778000000 |
| 3rd Low | 2.697500000 |
3.185800000 – 2.884900000 – 2.886700000 – 2.953200000 – 2.778000000 – 2.697500000 — 45.980484677394 – 40.915954177025
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –