XRP/USDT – 1H – SELL

The combination Ripple/Tether (XRP/USDT) moves from the bearish trendline down.

A continuation of the downtrend down to the next support line at 1.3218 is expected.

Caution: A possible change in the direction of the resistance zone at 1.3653 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

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

Additionally a ‘Two Crows’ candle pattern is existing. The chart forms ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.3653 – 1.3712 – 1.3749 – 1.3218 – 1.346 – 1.396 —
1.363600000 – 1.370300000 —
53.519817408657 – 57.243209967696 —
– —
1.3653 – 1773025200

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