Sell XRP/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support level at 2.140700000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 2.337000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. this 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 ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 2.354300000
2nd High 2.337900000
Next High 2.337000000
Current Price 2.145900000
Next Low 2.140700000
2nd Low 2.109300000
3rd Low 2.092400000

2.337000000 – 2.175900000 – 2.180100000 – 2.140700000 – 2.109300000 – 2.116300000

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