Sell XRP/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support level at is certain.

Caution: A possible change in the direction of resistance at 3.162100000 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘RSI cross above 30’ indicator layout is existing. The indicator shows ‘RSI cross above 30’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. 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’ going down is 82%.

Support & Resistance Price Range*
3rd High 3.330800000
2nd High 3.185600000
Next High 3.162100000
Current Price 3.112900000
Next Low
2nd Low
3rd Low

3.162100000 – 3.185600000 – 3.330800000 – 3.001000000 – 3.053300000 – 3.078800000 — 50.423107843178 – 44.576083409261

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals