XRP/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

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

A descending movement down to the next support level at 3.380000000 is expected.

Caution: A possible change in the direction of the resistance level at 3.535200000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 3.4900532 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 3.535200000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Two Crows’ candlestick pattern is discovered. The candles form ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

3.535200000 – 3.451300000 – 3.459400000 – 3.380000000 – 3.354700000 – 3.343900000

Trading Signals: FOREX – XRP – XRP/USDT – USDT – Two Crows – Rising Wedge Chart Pattern