XRP/USDT – 1H – SELL

The pair Ripple/Tether (XRP/USDT) moves from the bullish trendline downwards

A bearish movement down to the next support at 3.421800000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 3.578700000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Then a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

3.578700000 – 3.649500000 – 3.557900000 – 3.421800000 – 3.403800000 – 3.354700000

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –