XRP/USDT – 30M – SELL

The combination Ripple/Tether (XRP/USDT) goes from the ascending trendline downwards

A descent down to the next support level at 1.4133 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 1.4573 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Two Crows’ candle chart pattern is existing. The chart forms ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. 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).

1.4573 – 1.4222 – 1.4206 – 1.4133 – 1.4073 – 1.3901 —
1.433500000 – 1.429100000 —
45.062813596335 – 48.990156921431 —
– —
1.4573 – 1778065200

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