Sell XRP/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.21015 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.2935 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1.3484
2nd High 1.3425
Next High 1.2935
Current Price 1.250000000
Next Low 1.19
2nd Low 1.1791
3rd Low 1.1268

1.2935 – 1.1936 – 1.1568 – 1.19 – 1.1791 – 1.1268 —
1.287600000 – 1.276400000 —
81.830048085734 – 62.094891775858 —
– —
1.2935 – 1781541000

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