XRP/USDT – 4H – SELL

The combination Ripple/Tether (XRP/USDT) jumps from the bullish trendline down.

A bearish descent downwards to the next support line at 1.3775 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 1.6714 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

1.6714 – 1.9378 – 1.9907 – 1.3775 – 1.3421 – 1.3728 —
1.446300000 – 1.423800000 —
52.470166285409 – 37.495593238034 —
– —
1.6714 – 1771142400

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –