XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) goes from the bullish trendline down.
A bearish descent down to the next support level at 1.673900000 is expected.
Caution: A possible change in the direction of the resistance line at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bearish Engulfing’ candle pattern is discovered. The chart shows ‘Bearish Engulfing’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.784600000 |
| Next Low | 1.673900000 |
| 2nd Low | 1.429200000 |
| 3rd Low | 1.352400000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Engulfing