XRP/USDT – 1H – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

The pair Ripple/Tether (XRP/USDT) goes from the ascending trendline down.

A descending movement down to the next support level at 2.763700000 will continue.

Caution: A possible change in the direction of resistance at 3.035000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

Besides a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. 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 ‘Three Black Crows’ heading down is 82%.

3.035000000 – 2.894900000 – 2.975000000 – 2.763700000 – 2.662900000 – 2.248500000

Trading Signals: FOREX – XRP – XRP/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern