XRP/USDT – 30M – SELL

The pair Ripple/Tether (XRP/USDT) moves from the descending trendline downwards

A continuation of the downtrend down to the next support level at 2.940400000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 3.096900000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

Besides a ‘Three Outside Down’ chart pattern is existing. The chart forms ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

3.096900000 – 3.147200000 – 3.141000000 – 2.940400000 – 3.077300000 – 3.111500000 — 57.549028810853 – 57.086587656677

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down – – –