Sell XRP/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 1.43015 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 1.51 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Inside Down’ candlestick pattern is detected. The chart shows ‘Three Inside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 1.6714
2nd High 1.5414
Next High 1.51
Current Price 1.466400000
Next Low 1.4225
2nd Low 1.3928
3rd Low 1.3503

1.51 – 1.4664 – 1.4156 – 1.4225 – 1.3928 – 1.3503 —
1.478300000 – 1.474800000 —
52.784227243577 – 51.189708136456 —
– —
1.51 – 1776436200

Trading Signals:

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