XRP/USDT – 4H – SELLThe pair Ripple/Tether (XRP/USDT) moves from the ascending trendline downwards
A bearish movement downwards to the next support at 1.055600000 will continue.
Caution: A possible trend reversal in the direction of resistance at 1.630000000 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. 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 | |
| Next High | 1.630000000 |
| Current Price | 1.337400000 |
| Next Low | 1.055600000 |
| 2nd Low | 0.491700000 |
| 3rd Low | 0.486000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows