XRP/USDT – 1H – SELL

The pair Ripple/Tether (XRP/USDT) moves from the ascending trendline downwards

A descent down to the next support level at 1.3834 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.6714 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K falls below 0.8’ indicator signal is found. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair could go down.

Also there is a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.4528 – 1.3936 – 1.4112 – 1.3834 – 1.39 – 1.365 —
1.539800000 – 1.524600000 —
71.328981387833 – 50.909973935527 —
– —
1.4528 – 1773410400

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