XRP/USDT – 1H – SELL

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

A descent down to the next support line at 1.1268 is likely expected.

Caution: A possible change in the direction of the resistance level at 1.1866 could happen.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Southern Doji’ candle chart pattern is discovered. The chart shows ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

1.161 – 1.1577 – 1.1376 – 1.1268 – 1.1261 – 1.1042 —
1.187800000 – 1.187300000 —
77.925782649416 – 70.369727843667 —
– —
1.161 – 1781362800

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Southern Doji – – –