Sell XRP/USDT – 30M – SELL

The combination Ripple/Tether (XRP/USDT) moves from the bearish trendline down.

A continuation of the downward movement down to the next support line at 1.4089 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.4369 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black 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 likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1.51
2nd High 1.447
Next High 1.4369
Current Price 1.422500000
Next Low 1.4089
2nd Low 1.3954
3rd Low 1.3909

1.4369 – 1.4326 – 1.447 – 1.4089 – 1.3954 – 1.3909 —
1.434200000 – 1.432000000 —
58.5578509314 – 52.738966187315 —
– —
1.4369 – 1776708000

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