XRP/USDT – 30M – SELL

The currency pair Ripple/Tether (XRP/USDT) moves from the ascending trendline downwards

The bearish trend down to the next support level at 1.4078 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.6714 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candle chart pattern is detected. The chart forms ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.6714 – 1.4769 – 1.4285 – 1.4078 – 1.398 – 1.3485 —
1.540300000 – 1.523000000 —
39.270465298797 – 40.579007691241 —
– —
1.6714 – 1771142400

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –