Sell XRP/USDT – 4H – SELL

The pair Ripple/Tether (XRP/USDT) moves from the bullish trendline down.

A bearish movement downwards to the next support line at 2.114900000 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 2.350700000 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 2.909200000
2nd High 2.728100000
Next High 2.350700000
Current Price 2.148700000
Next Low 2.114900000
2nd Low 1.900000000
3rd Low 1.283300000

Download XRP/USDT Signal Image

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