XRP/USDT – 30M – SELL

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

A bearish descent down to the next support level at 1.2543 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 1.89 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

There is also a ‘Three Black Crows’ candlestick chart pattern is existing. The chart shows ‘Three Black Crows’. this 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%.

1.89 – 1.9325 – 1.9378 – 1.8654 – 1.9005 – 1.8944 —
1.877900000 – 1.832400000 —
28.287812185068 – 31.872979060169 —
– —
1.89000 – 1769673600

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