XRP/USDT – 30M – SELL

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.3759 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 1.408200000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Outside Down’ candle pattern is discovered. The candles form ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.408200000 – 1.4082 – 1.3973 – 1.3596 – 1.3421 – 1.3553 —
1.408200000 – 1.395100000 —
63.959860496823 – 54.361948227569 —
1.408200000 – 1770895800 —
– 1770895800

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