XRP/USDT – 30M – SELLThe pair Ripple/Tether (XRP/USDT) goes from the bullish trendline down.
A descending movement down to the next support at 2.973100000 will persist.
Caution: A possible trend reversal in the direction of resistance at 3.038000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.147200000 |
| 2nd High | 3.096900000 |
| Next High | 3.038000000 |
| Current Price | 2.887400000 |
| Next Low | 2.973100000 |
| 2nd Low | 2.940400000 |
| 3rd Low | 2.901400000 |
3.038000000 – 3.096900000 – 3.147200000 – 2.973100000 – 2.940400000 – 3.077300000 — 29.60812157427 – 27.095499975029
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –