XRP/USDT – 1H – SELL

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

A descent downwards to the next support level at 2.892000000 will continue.

Caution: A possible counter-trend in the direction of resistance at 3.178400000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. which is often a bullish chart scenario. The pair is likely to go up.

There is also a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

3.178400000 – 3.162100000 – 3.185600000 – 2.892000000 – 3.001000000 – 3.053300000 — 50.135005948203 – 47.515140849663

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up – –