XRP/USDT – 30M – SELL

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

A bearish trend down to the next support at will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 2.847600000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

2.847600000 – 2.847900000 – 2.975000000 – 2.659600000 – 2.248500000 – 2.255200000

Trading Signals: FOREX – XRP – XRP/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern