XRP/USDT – 1H – SELL

The combination Ripple/Tether (XRP/USDT) moves from the bullish trendline downwards

A descending movement downwards to the next support at 0.562400000 is likely expected.

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

And also a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Download XRP/USDT Signal Image

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