XRP/USDT – 4H – SELL

The combination Ripple/Tether (XRP/USDT) jumps from the bearish trendline downwards

A continuation of the downward movement down to the next support level at is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 3.330800000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘RSI cross above 30’ indicator layout is detected. The indicator shows ‘RSI cross above 30’. which is often a bearish signal. The currency pair could go down.

3.330800000 – 3.649500000 – 3.660700000 – 2.955500000 – 2.196000000 – 2.078200000 — 49.79509244704 – 42.862014765472

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