XRP/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support level at is considered certain.

Caution: A possible change in the direction of resistance at 3.140700000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

3.140700000 – 3.142700000 – 3.351200000 – 3.002400000 – 3.029500000 – 2.991500000 — 53.265822250357 – 47.720656248623

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Double top chart pattern – –