XRP/USDT – 1H – SELLThe combination Ripple/Tether (XRP/USDT) goes from the ascending trendline down.
A bearish trend down to the next support at 1.074700000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 1.186500000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Black Crows’ chart pattern is found. The candles show ‘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 success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.269800000 |
| Next High | 1.186500000 |
| Current Price | 1.092000000 |
| Next Low | 1.074700000 |
| 2nd Low | 1.031500000 |
| 3rd Low | 1.002600000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows