XRP/USDT – 4H – SELLAlso there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The currency pair Ripple/Tether (XRP/USDT) moves from the ascending trendline down.
The bearish trend downwards to the next support line at 1.8873 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.9907 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochOSC Hidden Bearish Divergence’ indicator signal is detected. The indicator is ‘StochOSC Hidden Bearish Divergence’. Dieses ist oftmals ein bearisches chart signal. Die Paarung wird wahrscheinlich fallen.
Also there is a ‘Matching Low’ candle chart pattern is discovered. The candles show ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.1397 |
| 2nd High | 3.0998 |
| Next High | 1.9907 |
| Current Price | 1.904100000 |
| Next Low | 1.8873 |
| 2nd Low | 1.87 |
| 3rd Low | 1.847 |
1.9907 – 3.0998 – 2.9955 – 1.8873 – 1.87 – 1.847 —
1.927200000 – 1.946000000 —
43.336774026916 – 48.119283823484 —
– —
1.99070 – 1769025600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –