Sell XRP/USDT – 4H – SELL

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

A continuation of the bearish trend downwards to the next support line at 1.409 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 1.4626 could be enabled.
Consider stop-loss settings accordingly.

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

Support & Resistance Price Range*
3rd High 1.5414
2nd High 1.51
Next High 1.4626
Current Price 1.429200000
Next Low 1.409
2nd Low 1.3909
3rd Low 1.3193

1.4626 – 1.51 – 1.3752 – 1.409 – 1.3909 – 1.3193 —
1.445700000 – 1.437000000 —
50.147454018787 – 50.200351844084 —
– —
1.4626 – 1776859200

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