XRP/USDT – 30M – SELL

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal 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.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 1.1192 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 1.15 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Collapsing Doji Star’ candle chart pattern is discovered. The candles show ‘Collapsing Doji Star’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

1.15 – 1.1257 – 1.1236 – 1.1275 – 1.1042 – 1.0884 —
1.148800000 – 1.138400000 —
59.794265612713 – 45.827136770309 —
– —
1.15 – 1781206200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Collapsing Doji Star – Symmetrical Triangle Chart Pattern – –