XRP/USDT – 30M – SELL

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

The bearish trend downwards to the next support line at 2.200100000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 2.377000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Bearish Harami’ candle pattern is found. The candles form ‘Bearish Harami’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Download XRP/USDT Signal Image

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Harami