Sell XRP/USDT – 30M – SELL

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

A bearish descent downwards to the next support at 2.133400000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 2.237900000 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 2.332500000
2nd High 2.317300000
Next High 2.237900000
Current Price 2.187600000
Next Low 2.133400000
2nd Low 2.114900000
3rd Low 1.900000000

Download XRP/USDT Signal Image

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