XRP/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 2.697500000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 2.839000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

2.832900000 – 2.839000000 – 2.869300000 – 2.697500000 – 2.701400000 – 2.801400000 — 46.321897315005 – 44.09955001315

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – – –