XRP/USDT – 30M – SELL

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

A descending movement down to the next support at 1.3706 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 1.4112 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Additionally a ‘Two Crows’ candlestick chart pattern is detected. The candles form ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.4112 – 1.4427 – 1.4195 – 1.3706 – 1.3785 – 1.3813 —
1.393700000 – 1.385100000 —
50.090303603133 – 44.300755994455 —
– —
1.4112 – 1773235800

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