Sell XRP/USDT – 30M – SELL

The pair Ripple/Tether (XRP/USDT) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at 1.3706 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 1.4112 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ chart pattern is discovered. The chart shows ‘Two Crows’. which is a bearish signal. The pair is likely to go down. 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).

Support & Resistance Price Range*
3rd High 1.4525
2nd High 1.4427
Next High 1.4112
Current Price 1.390100000
Next Low 1.3706
2nd Low 1.333
3rd Low 1.3218

1.4112 – 1.4427 – 1.4195 – 1.3706 – 1.3785 – 1.3813 —
1.393800000 – 1.407500000 —
48.63627488049 – 64.872286168015 —
– —
1.4112 – 1773235800

Trading Signals:

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