XRP/USDT – 30M – SELLThe combination Ripple/Tether (XRP/USDT) goes from the ascending trendline downwards
A descending movement downwards to the next support at 2.118400000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 2.145000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.337000000 |
| 2nd High | 2.185500000 |
| Next High | 2.145000000 |
| Current Price | 2.112000000 |
| Next Low | 2.118400000 |
| 2nd Low | 2.118100000 |
| 3rd Low | 2.109300000 |
2.145000000 – 2.185500000 – 2.337000000 – 2.118400000 – 2.127300000 – 2.118100000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji