XRP/USDT – 30M – SELL

The combination Ripple/Tether (XRP/USDT) goes from the descending trendline downwards

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

Caution: A possible trend reversal in the direction of the resistance line at 3.459400000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

And also a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

3.459400000 – 3.485500000 – 3.545000000 – 3.354700000 – 3.343900000 – 3.400500000

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