XRP/USDT – 30M – SELLAdditionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.418 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 1.4466 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bearish Engulfing’ candle chart pattern is detected. The candles show ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4626 |
| 2nd High | 1.4503 |
| Next High | 1.4466 |
| Current Price | 1.415400000 |
| Next Low | 1.409 |
| 2nd Low | 1.4089 |
| 3rd Low | 1.3954 |
1.4466 – 1.4366 – 1.4318 – 1.42 – 1.418 – 1.4187 —
1.421800000 – 1.419100000 —
35.605813715779 – 36.41174432752 —
– —
1.4466 – 1777260600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Engulfing – – –