XRP/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 1.5274 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 1.6122 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Shooting Star’ candle chart pattern is discovered. The candles form ‘Shooting Star’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

1.6122 – 1.6339 – 1.6216 – 1.5274 – 1.7113 – 1.7107 —
1.599600000 – 1.564800000 —
48.028540358691 – 34.858134253969 —
– —
1.6122 – 1770193800

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