XRP/USDT – 30M – SELL

The pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline downwards

A bearish movement downwards to the next support at 1.2787 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.349 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ” indicator signal is found. The indicator is ”. which could be a negative chart scenario. The pair is likely to go down.

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Next a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Next a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.

Next a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. 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 success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.349 – 1.32 – 1.3226 – 1.2787 – 1.2957 – 1.3067 —
1.344600000 – 1.356700000 —
69.637922210607 – 73.087183840682 —
– —
1.349 – 1775440800

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Two Crows – – –