XRP/USDT – 30M – SELL

The combination Ripple/Tether (XRP/USDT) goes from the ascending trendline down.

A descending movement down to the next support line at 2.998100000 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 3.330800000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘RSI fall below 30’ indicator layout is detected. The indicator is ‘RSI fall below 30’. this is usually a bearish chart signal. The currency pair could go down.

Additionally a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

3.330800000 – 3.238700000 – 3.209800000 – 3.163000000 – 3.156400000 – 3.158400000 — 41.77737528152 – 36.630406146655

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom retreat down –