XRP/USDT – 30M – SELLThe pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline down.
A bearish trend down to the next support level at 1.3503 is expected.
Caution: A possible change in the direction of the resistance zone at 1.3955 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ” indicator signal is discovered. The indicator shows ”. which could be a negative signal. The currency pair could go down.
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Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.
Furthermore a ‘Bearish Belt Hold’ chart pattern is discovered. The chart shows ‘Bearish Belt Hold’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4225 |
| 2nd High | 1.3962 |
| Next High | 1.3955 |
| Current Price | 1.388100000 |
| Next Low | 1.3503 |
| 2nd Low | 1.3193 |
| 3rd Low | 1.2949 |
1.3668 – 1.3955 – 1.3773 – 1.3503 – 1.3521 – 1.365 —
1.380400000 – 1.389200000 —
62.638771928717 – 73.168158651049 —
– —
1.3668 – 1776213000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Belt Hold – – –