Sell XRP/USDT – 30M – SELL

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

A descent down to the next support level at 3.023200000 is certain.

Caution: A possible change in the direction of the resistance line at 3.139700000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 3.351200000
2nd High 3.185800000
Next High 3.139700000
Current Price 3.024800000
Next Low 3.023200000
2nd Low 2.981400000
3rd Low 2.964200000

3.139700000 – 3.112000000 – 3.058600000 – 3.023200000 – 3.055800000 – 2.981400000 — 34.383665818699 – 32.56611141276

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