XRP/USDT – 1H – SELLThe combination Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A bearish descent down to the next support at 1.995400000 is certain.
Caution: A possible change in the direction of resistance at 2.468300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bearish Harami’ candle pattern is found. The chart shows ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.728100000 |
| 2nd High | 2.474300000 |
| Next High | 2.468300000 |
| Current Price | 2.271200000 |
| Next Low | 1.995400000 |
| 2nd Low | 1.900000000 |
| 3rd Low | 1.429200000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Harami