XRP/USDT – 30M – SELLThe currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline down.
A bearish movement down to the next support at 1.002600000 is likely expected.
Caution: A possible change in the direction of the resistance line at 1.147600000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The 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 | |
| 2nd High | 1.269800000 |
| Next High | 1.147600000 |
| Current Price | 1.049100000 |
| Next Low | 1.002600000 |
| 2nd Low | 0.773100000 |
| 3rd Low | 0.755300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows