XRP/USDT – 1H – SELL

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.3993124 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 1.4573 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Inside Down’ candle chart pattern is discovered. The candles form ‘Three Inside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

1.4573 – 1.4209 – 1.4003 – 1.4133 – 1.3901 – 1.3829 —
1.425800000 – 1.421500000 —
44.157966268393 – 50.032919299643 —
– —
1.4573 – 1778065200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Inside Down – – –