XRP/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.3853 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.4285 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish 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 | 1.4642 |
| 2nd High | 1.4291 |
| Next High | 1.4285 |
| Current Price | 1.403900000 |
| Next Low | 1.3485 |
| 2nd Low | 1.3421 |
| 3rd Low | 1.1172 |
1.4285 – 1.3719 – 1.4082 – 1.3485 – 1.3596 – 1.3421 —
1.421500000 – 1.416500000 —
75.308872453807 – 68.975118421106 —
– —
1.4285 – 1771000200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – – –