XRP/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support line at 3.000400000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 3.058600000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Besides a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency 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%.

3.058600000 – 3.049600000 – 3.043000000 – 3.000400000 – 2.964200000 – 2.970800000 — 57.051593925749 – 56.109496214988

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