Sell XRP/USDT – 1H – SELL

The combination Ripple/Tether (XRP/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support at 2.114900000 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 2.207600000 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 2.317300000
2nd High 2.237900000
Next High 2.207600000
Current Price 2.065000000
Next Low 2.114900000
2nd Low 1.900000000
3rd Low 1.429200000

Download XRP/USDT Signal Image

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