XRP/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A continuation of the downward movement downwards to the next support line at 3.202600000 is expected.

Caution: A possible trend reversal in the direction of resistance at 3.335000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

3.335000000 – 3.306700000 – 3.334200000 – 3.202600000 – 3.115200000 – 3.152100000 — 49.599921257015 – 44.200201466403

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