XRP/USDT – 1H – SELL

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

A bearish descent down to the next support at is expected.

Caution: A possible trend reversal in the direction of the resistance level at 2.0661 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

There is also a ‘StochOSC Hidden Bearish Divergence’ indicator signal is discovered. The indicator shows ‘StochOSC Hidden Bearish Divergence’. which could be a negative chart signal. The currency pair could go down.

There is also a ‘Three Outside Down’ candle chart pattern is detected. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

2.0661 – 2.8372 – 3.0506 – 1.847 – 2.047 – 2.0819 —
1.977100000 – 2.018400000 —
35.510645774564 – 55.887228220782 —
– —
2.06610 – 1768759200

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