XRP/USDT – 1H – SELL

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

A bearish trend downwards to the next support line at 3.205100000 is likely expected.

Caution: A possible change in the direction of the resistance level at 3.382500000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘RSI fall below 70’ indicator signal is detected. The indicator shows ‘RSI fall below 70’. which is often a bearish chart signal. The pair is likely to go down.

There is also a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart signal. The pair is likely to go down.

There is also a ‘Three Inside Down’ candle chart pattern is discovered. The candles form ‘Three Inside Down’. 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 chance of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

3.382500000 – 3.018700000 – 3.080000000 – 3.205100000 – 2.964100000 – 2.901400000 — 58.81957113685 – 53.248191751419

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Inside Down – – –