XRP/USDT – 30M – SELLBesides a ‘Double top chart pattern’ chart formation is detected. The chart shows ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The combination Ripple/Tether (XRP/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support line at 1.889 is expected.
Caution: A possible counter-trend in the direction of resistance at 1.9179 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.
Besides a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
Besides a ‘Three Outside Down’ chart pattern is existing. The chart forms ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.9656 |
| 2nd High | 1.946 |
| Next High | 1.9179 |
| Current Price | 1.880900000 |
| Next Low | 1.889 |
| 2nd Low | 1.8879 |
| 3rd Low | 1.8873 |
1.9179 – 1.946 – 1.9242 – 1.889 – 1.8879 – 1.91 —
1.886900000 – 1.916200000 —
33.444072303049 – 63.107458472013 —
– —
1.91790 – 1769486400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down – Double top chart pattern – –