XRP/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support line at 1.3461 will continue.

Caution: A possible counter-trend in the direction of resistance at 1.4082 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.

In addition a ‘Two Crows’ candle pattern is existing. The candles form ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.4082 – 1.4097 – 1.4642 – 1.3461 – 1.3421 – 1.3728 —
1.376400000 – 1.368900000 —
42.314408480899 – 47.540528218743 —
– —
1.4082 – 1770894000

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