XRP/USDT – 1H – SELLThe pair Ripple/Tether (XRP/USDT) goes from the ascending trendline down.
A bearish trend down to the next support line at is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 3.238700000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.
Additionally a ‘RSI fall below 70’ indicator signal is detected. The indicator is ‘RSI fall below 70’. which could be a negative chart scenario. The currency pair could go down.
Additionally a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.578700000 |
| 2nd High | 3.265100000 |
| Next High | 3.238700000 |
| Current Price | 3.269600000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.238700000 – 3.218100000 – 3.265100000 – 3.163000000 – 3.156400000 – 2.998100000 — 60.627646437068 – 59.394387772437
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –