XRP/USDT – 1H – SELL

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

A descent downwards to the next support at 1.995400000 will continue.

Caution: A possible change in the direction of the resistance zone at 2.452200000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Bearish Harami’ chart pattern is discovered. The candles form ‘Bearish Harami’. which 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 ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Download XRP/USDT Signal Image

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Harami