XRP/USDT – 1H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

A descending movement down to the next support level at 1.4021 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 1.4291 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

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

1.4291 – 1.4724 – 1.4693 – 1.4021 – 1.394 – 1.4112 —
1.412900000 – 1.401800000 —
41.895105412088 – 33.560300723592 —
– —
1.4291 – 1779012000

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –