XRP/USDT – 30M – SELL

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

A bearish trend downwards to the next support line at 1.900000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 2.293800000 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 2.1761 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 2.293800000 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Three Black Crows’ chart pattern is detected. The candles show ‘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 likelyhood of ‘Three Black Crows’ going down is 82%.

Download XRP/USDT Signal Image

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows