XRP/USDT – 1H – SELL

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

A bearish descent downwards to the next support level at 1.3901 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 1.4209 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

Then a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. 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 Black Crows’ heading down is 82%.

1.4209 – 1.4003 – 1.3999 – 1.3901 – 1.3829 – 1.3814 —
1.416000000 – 1.421400000 —
59.501548626988 – 61.943877457157 —
– —
1.4209 – 1777867200

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