XRP/USDT – 1H – SELLThe combination Ripple/Tether (XRP/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 1.277500000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 1.595400000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.630000000 |
| Next High | 1.595400000 |
| Current Price | 1.428400000 |
| Next Low | 1.277500000 |
| 2nd Low | 1.095300000 |
| 3rd Low | 1.065000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows