And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The combination Ripple/Tether (XRP/USDT) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support line at 1.1225 is considered certain.
Caution: A possible change in the direction of resistance at 1.1535 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.
And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
And also a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.156 |
| 2nd High | 1.1555 |
| Next High | 1.1535 |
| Current Price | 1.136300000 |
| Next Low | 1.1225 |
| 2nd Low | 1.1187 |
| 3rd Low | 1.1042 |
1.1535 – 1.1555 – 1.156 – 1.1225 – 1.14 – 1.1342 —
1.137300000 – 1.148800000 —
33.946082788011 – 55.564831071361 —
– —
1.1535 – 1782036000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –