XRP/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 1.4113 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 1.425 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

There is also a ‘Bearish Belt Hold’ candlestick pattern is found. The chart shows ‘Bearish Belt Hold’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

1.425 – 1.435 – 1.427 – 1.4113 – 1.3795 – 1.3802 —
1.424200000 – 1.420900000 —
51.497151655699 – 48.391870878336 —
– —
1.425 – 1778349600

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –