XRP/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.1261 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 1.1568 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.1568 – 1.161 – 1.1409 – 1.1428 – 1.1299 – 1.1261 —
1.148900000 – 1.138500000 —
46.977503318199 – 32.17943758689 —
– —
1.1568 – 1781386200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –