XRP/USDT – 4H – SELL

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

A bearish movement downwards to the next support line at 2.778000000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 3.185800000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Outside Down’ candle chart pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

3.185800000 – 2.884900000 – 2.886700000 – 2.778000000 – 2.697500000 – 2.760400000 — 47.608593471291 – 42.279444393823

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down – Triple bottom chart pattern – –