And also a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair could go down.
And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.3458 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 1.3847 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4466 |
| 2nd High | 1.4067 |
| Next High | 1.3847 |
| Current Price | 1.365000000 |
| Next Low | 1.3458 |
| 2nd Low | 1.3193 |
| 3rd Low | 1.2949 |
1.3847 – 1.4067 – 1.4466 – 1.3458 – 1.3677 – 1.3836 —
1.374700000 – 1.371700000 —
46.807307575114 – 47.892606034545 —
– —
1.3847 – 1777507200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –