Sell XRP/USDT – 30M – SELL

The currency pair Ripple/Tether (XRP/USDT) goes from the bearish trendline downwards

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

Caution: A possible counter-trend in the direction of the resistance level at 1.362 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

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

Support & Resistance Price Range*
3rd High 1.3733
2nd High 1.3712
Next High 1.362
Current Price 1.345000000
Next Low
2nd Low
3rd Low

1.362 – 1.3712 – 1.3603 – 1.3218 – 1.3381 – 1.3415 —
1.347200000 – 1.358700000 —
41.158762400627 – 54.800764490154 —
– —
1.362 – 1773001800

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