XRP/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support line at 1.3809 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.3999 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.

Additionally a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The currency pair could go down.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Additionally a ‘On Neck’ chart pattern is existing. The chart shows ‘On Neck’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘On Neck’ going down is 56% (Bull Market) & 58% (Bear Market).

1.3999 – 1.3847 – 1.4067 – 1.3809 – 1.3458 – 1.3677 —
1.394300000 – 1.394500000 —
58.550746504311 – 49.257718013269 —
– —
1.3999 – 1777644000

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – On Neck – Symmetrical Triangle Chart Pattern – –