XRP/USDT – 30M – SELL

The currency pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 2.327300000 is certain.

Caution: A possible change in the direction of resistance at 2.415700000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 2.361992 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 2.415700000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Two Crows’ candlestick pattern is discovered. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Download XRP/USDT Signal Image

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