XRP/USDT – 4H – SELL

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

A descending movement down to the next support at 2.955500000 is considered certain.

Caution: A possible change in the direction of the resistance line at 3.649500000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘RSI fall below 30’ indicator signal is existing. The indicator is ‘RSI fall below 30’. which could be a negative chart scenario. The currency pair could go down.

Then a ‘Two Crows’ candle chart pattern is found. The candles show ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

3.649500000 – 3.660700000 – 3.035000000 – 2.955500000 – 2.196000000 – 2.078200000 — 42.609954471943 – 38.890615771935

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