XRP/USDT – 1H – SELL

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

A descending movement downwards to the next support at 1.4116 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 1.51 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

1.45 – 1.4369 – 1.447 – 1.4116 – 1.4195 – 1.3909 —
1.432200000 – 1.455700000 —
50.816671506441 – 62.221574502952 —
– —
1.45 – 1776758400

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – – –