XRP/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support line at 3.115200000 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 3.334200000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘RSI fall below 70’ indicator signal is existing. The indicator shows ‘RSI fall below 70’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ‘StochRSI fall below 80’ indicator signal is existing. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

3.334200000 – 3.347500000 – 3.382500000 – 3.115200000 – 3.152100000 – 3.205100000 — 51.27777242596 – 49.330921558625

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –