XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) jumps from the bullish trendline downwards
A bearish trend down to the next support line at 2.046800000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 2.152600000 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Bearish Belt Hold’ candle chart pattern is existing. The candles show ‘Bearish Belt Hold’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.207600000 |
| 2nd High | 2.197600000 |
| Next High | 2.152600000 |
| Current Price | 2.008700000 |
| Next Low | 2.046800000 |
| 2nd Low | 1.900000000 |
| 3rd Low | 1.673900000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Belt Hold