Sell XRP/USDT – 30M – SELL

The combination Ripple/Tether (XRP/USDT) jumps from the ascending trendline down.

A bearish descent down to the next support level at 2.176100000 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 2.293800000 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. 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 2.909200000
2nd High 2.728100000
Next High 2.293800000
Current Price 2.210400000
Next Low 2.176100000
2nd Low 1.900000000
3rd Low 1.673900000

Download XRP/USDT Signal Image

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