XRP/USDT – 30M – SELL

The combination Ripple/Tether (XRP/USDT) moves from the ascending trendline down.

A bearish descent downwards to the next support at 1.4235 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 1.51 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Tweezers Top’ candle pattern is found. The chart forms ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

1.51 – 1.4664 – 1.4156 – 1.4235 – 1.4246 – 1.4225 —
1.438400000 – 1.434900000 —
49.716447983146 – 43.364356763083 —
– —
1.51 – 1776436200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Tweezers Top – – –