XRP/USDT – 30M – SELLThe currency pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline down.
A bearish movement downwards to the next support at 1.403300000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 1.595400000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.630000000 |
| Next High | 1.595400000 |
| Current Price | 1.468000000 |
| Next Low | 1.403300000 |
| 2nd Low | 1.350000000 |
| 3rd Low | 1.095300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows