XRP/USDT – 30M – SELL

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

The bearish trend downwards to the next support level at 1.4116 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.4606 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Dark Cloud Cover’ candlestick pattern is found. The chart forms ‘Dark Cloud Cover’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Dark Cloud Cover’ heading down is 60% (Bull Market) & 63% (Bear Market).

1.4606 – 1.45 – 1.4369 – 1.4116 – 1.4195 – 1.4089 —
1.455000000 – 1.453900000 —
64.578880972063 – 58.188075760986 —
– —
1.4606 – 1776835800

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Dark Cloud Cover – – –