XRP/USDT – 30M – SELLThe pair Ripple/Tether (XRP/USDT) moves from the bullish trendline down.
A descent down to the next support at 2.969700000 will continue.
Caution: A possible counter-trend in the direction of resistance at 3.105600000 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candlestick pattern is found. 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.156000000 |
| 2nd High | 3.147200000 |
| Next High | 3.105600000 |
| Current Price | 3.045500000 |
| Next Low | 2.969700000 |
| 2nd Low | 2.782600000 |
| 3rd Low | 2.763700000 |
3.105600000 – 2.876400000 – 2.923600000 – 2.969700000 – 2.782600000 – 2.822600000 — 55.661471122057 – 53.696640896593
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –