XRP/USDT – 30M – SELL

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 1.87 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 2.0299 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Down’ candlestick chart pattern is found. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

2.0299 – 2.0661 – 2.0618 – 1.87 – 1.9191 – 2.0536 —
1.908400000 – 1.921900000 —
46.794909709421 – 58.682747373907 —
– —
2.02990 – 1768840200

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