XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support line at 2.174300000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 2.680000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.909200000 |
| 2nd High | 2.688900000 |
| Next High | 2.680000000 |
| Current Price | 2.474600000 |
| Next Low | 2.174300000 |
| 2nd Low | 1.673900000 |
| 3rd Low | 1.429200000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows