XRP/USDT – 30M – SELLThe pair Ripple/Tether (XRP/USDT) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 1.7107 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.89 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Two Crows’ chart pattern is discovered. The candles show ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.9378 |
| 2nd High | 1.9325 |
| Next High | 1.89 |
| Current Price | 1.749600000 |
| Next Low | 1.7107 |
| 2nd Low | 1.2543 |
| 3rd Low |
1.89 – 1.9325 – 1.9378 – 1.7107 – 1.778 – 1.8654 —
1.772700000 – 1.762200000 —
38.508495697987 – 41.741018188 —
– —
1.89000 – 1769673600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Two Crows – – –