XRP/USDT – 4H – SELL

Next a ‘Double top chart pattern’ chart formation is detected. The formation shows ‘Double top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.

The pair Ripple/Tether (XRP/USDT) goes from the ascending trendline down.

A bearish trend downwards to the next support line at 2.760400000 will persist.

Caution: A possible change in the direction of resistance at 3.081700000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

3.081700000 – 3.128000000 – 3.105600000 – 2.760400000 – 2.822300000 – 2.782600000 — 39.853346886062 – 39.019209674519

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Double top chart pattern – –