Sell XRP/USDT – 30M – SELL

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 1.393665 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 1.4642 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 1.4984
2nd High 1.4703
Next High 1.4642
Current Price 1.419700000
Next Low 1.3728
2nd Low 1.1172
3rd Low

1.4642 – 1.4631 – 1.4703 – 1.3728 – 1.4191 – 1.4103 —
1.449200000 – 1.436000000 —
50.624776935903 – 45.284501956279 —
– —
1.4642 – 1770654600

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