XRP/USDT – 30M – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish movement downwards to the next support at is likely expected.

Caution: A possible counter-trend in the direction of resistance at 1.1769 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Three Outside Down’ chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.1769 – 1.1866 – 1.1719 – 1.0994 – 1.1187 – 1.1433 —
1.107100000 – 1.133500000 —
36.978417697056 – 59.066139694923 —
– —
1.1769 – 1780984800

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –