XRP/USDT – 30M – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

The currency pair Ripple/Tether (XRP/USDT) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 1.3909 will persist.

Caution: A possible change in the direction of the resistance zone at 1.447 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

And also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.3909 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support zone at 1.447 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Two Crows’ chart pattern is discovered. The chart forms ‘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 likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.447 – 1.4431 – 1.51 – 1.3909 – 1.4131 – 1.4235 —
1.412300000 – 1.432600000 —
48.905249893072 – 62.820278239354 —
– —
1.447 – 1776605400

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