XRP/USDT – 1H – SELLThe combination Ripple/Tether (XRP/USDT) moves from the bullish trendline downwards
A descending movement downwards to the next support line at 2.367700000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 2.531900000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. 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 | 2.680000000 |
| 2nd High | 2.646900000 |
| Next High | 2.531900000 |
| Current Price | 2.475000000 |
| Next Low | 2.367700000 |
| 2nd Low | 2.354800000 |
| 3rd Low | 2.284000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows