XRP/USDT – 4H – SELLThe currency pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline downwards
A bearish trend down to the next support level at 1.283300000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.630000000 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.630000000 |
| Current Price | 1.463600000 |
| Next Low | 1.283300000 |
| 2nd Low | 1.277500000 |
| 3rd Low | 1.055600000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows