XRP/USDT – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

The bearish trend downwards to the next support line at 3.115200000 is expected.

Caution: A possible change in the direction of the resistance level at 3.334200000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘RSI fall below 70’ indicator signal is found. The indicator is ‘RSI fall below 70’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

3.334200000 – 3.347500000 – 3.382500000 – 3.115200000 – 3.152100000 – 3.205100000 — 71.156277179987 – 67.333641666988

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –