XRP/USDT – 30M – SELLMoreover a ‘Double top chart pattern’ chart pattern is existing. The chart picture forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The combination Ripple/Tether (XRP/USDT) jumps from the ascending trendline down.
The bearish trend down to the next support at 1.8712 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.9179 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish pattern signal. 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 | 1.9656 |
| 2nd High | 1.946 |
| Next High | 1.9179 |
| Current Price | 1.884800000 |
| Next Low | 1.8712 |
| 2nd Low | 1.87 |
| 3rd Low | 1.2543 |
1.9179 – 1.946 – 1.9242 – 1.889 – 1.8879 – 1.91 —
1.917500000 – 1.902800000 —
50.54969543237 – 41.638689747772 —
– —
1.91790 – 1769486400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Double top chart pattern – –