XRP/USDT – 30M – SELL

The pair Ripple/Tether (XRP/USDT) jumps from the descending trendline down.

A continuation of the downward movement downwards to the next support at 1.3931 is expected.

Caution: A possible trend reversal in the direction of resistance at 1.4642 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Two Crows’ candlestick chart pattern is existing. The chart shows ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.4642 – 1.4631 – 1.4703 – 1.3931 – 1.3728 – 1.4191 —
1.413500000 – 1.405800000 —
38.983763760017 – 39.684361384876 —
– —
1.4642 – 1770654600

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Two Crows – Double top retreat up – –