XRP/USDT – 4H – SELL

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.27 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support zone at 1.4332 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

1.4332 – 1.4935 – 1.6714 – 1.3341 – 1.27 – 1.3124 —
1.425700000 – 1.442700000 —
56.569459130016 – 54.345232153255 —
– —
1.4332 – 1772323200

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