XRP/USDT – 30M – SELL

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

The bearish trend downwards to the next support at 1.333 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.3712 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘Matching Low’ chart pattern is found. The candles form ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.3653 – 1.362 – 1.3712 – 1.333 – 1.3218 – 1.3381 —
1.356500000 – 1.373000000 —
53.682615518788 – 63.271680092501 —
– —
1.3653 – 1773025200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –