XRP/USDT – 1H – SELL

The combination Ripple/Tether (XRP/USDT) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at 1.3715 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 1.4291 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Down’ candlestick pattern is found. The candles form ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.4291 – 1.4724 – 1.4693 – 1.3715 – 1.4021 – 1.394 —
1.383700000 – 1.397700000 —
39.445793001502 – 51.182382838349 —
– —
1.4291 – 1779012000

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down – – –