XRP/USDT – 1H – SELL

The pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline down.

A continuation of the bearish trend down to the next support line at 1.3342 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 1.3657 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

1.3657 – 1.371 – 1.3762 – 1.3342 – 1.3326 – 1.3019 —
1.349000000 – 1.365600000 —
38.845814625451 – 52.070716033055 —
– —
1.3657 – 1779721200

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