XRP/USDT – 30M – SELLThe pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support level at 2.822300000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 2.922700000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.045400000 |
| 2nd High | 3.026300000 |
| Next High | 2.922700000 |
| Current Price | 2.785900000 |
| Next Low | 2.822300000 |
| 2nd Low | 2.782600000 |
| 3rd Low | 2.763700000 |
2.922700000 – 3.026300000 – 3.045400000 – 2.943200000 – 2.953000000 – 2.988200000 — 33.90520544174 – 29.707487178508
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Double top chart pattern – –