The combination Ripple/Tether (XRP/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at will persist.
Caution: A possible counter-trend in the direction of the resistance level at 1.1043 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.
Then a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘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 probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1354 |
| 2nd High | 1.1193 |
| Next High | 1.1043 |
| Current Price | 1.094300000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.1043 – 1.1193 – 1.1018 – 1.0868 – 1.0894 – 1.0864 —
1.102600000 – 1.100400000 —
50.651460684997 – 50.647607009577 —
– —
1.1043 – 1783866600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –