XRP/USDT – 1H – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart layout is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

The currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards

The bearish trend downwards to the next support level at 1.3829 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 1.4209 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.

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

In addition a ‘Three Inside Down’ candle pattern is discovered. The candles show ‘Three Inside Down’. 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 probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

1.4209 – 1.4003 – 1.3999 – 1.3829 – 1.3814 – 1.3809 —
1.413700000 – 1.398900000 —
62.417184948725 – 48.181309160801 —
– —
1.4209 – 1777867200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –