XRP/USDT – 30M – SELL

The pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline down.

A continuation of the bearish trend down to the next support level at will persist.

Caution: A possible reversal of the trend in the direction of resistance at 3.485500000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘Two Crows’ candlestick chart pattern is found. The chart forms ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

3.485500000 – 3.545000000 – 3.660700000 – 3.343900000 – 3.400500000 – 3.167500000

Trading Signals: FOREX – XRP – XRP/USDT – USDT – Two Crows –