XRP/USDT – 1H – SELL

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

A bearish descent down to the next support level at 1.294900000 is considered certain.

Caution: A possible change in the direction of the resistance line at 1.4379 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ” indicator signal is existing. The indicator is ”. which is often a bearish signal. The currency pair is likely to fall.

!

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Bearish Engulfing’ candle chart pattern is detected. The candles show ‘Bearish Engulfing’. 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 success rate of a ‘Bearish Engulfing’ heading down is 79%.

1.3577 – 1.3226 – 1.3356 – 1.294900000 – 1.2787 – 1.3067 —
1.302300000 – 1.373900000 —
31.554579780293 – 75.533286074765 —
1.294900000 – 1775574000 —
1.3577 – 1775466000

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Engulfing – – –