XRP/USDT – 30M – SELL

The combination Ripple/Tether (XRP/USDT) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support at will continue.

Caution: A possible counter-trend in the direction of the resistance line at 1.1535 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.13735 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 1.1535 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

1.1535 – 1.1555 – 1.156 – 1.140000000 – 1.1342 – 1.1275 —
1.143900000 – 1.151600000 —
39.921575885572 – 55.58621555601 —
1.140000000 – 1782043200 —
1.1535 – 1782036000

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