XRP/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.3124 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 1.365300000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. 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 | 1.4691 |
| 2nd High | 1.4262 |
| Next High | 1.365300000 |
| Current Price | 1.349500000 |
| Next Low | 1.3386 |
| 2nd Low | 1.3124 |
| 3rd Low | 1.1172 |
1.365300000 – 1.4262 – 1.4691 – 1.3386 – 1.3827 – 1.4192 —
1.365300000 – 1.356400000 —
46.156229903126 – 41.03467537491 —
1.365300000 – 1772240400 —
– 1772240400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – – –