XRP/USDT – 30M – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A bearish descent down to the next support at 3.208300000 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 3.279500000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.

In addition a ‘RSI fall below 30’ indicator layout is detected. The indicator shows ‘RSI fall below 30’. which could be a negative chart scenario. The currency pair is likely to fall.

In addition a ‘StochRSI cross above 20’ indicator layout is detected. The indicator shows ‘StochRSI cross above 20’. which could be a negative chart scenario. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

In addition a ‘Three Outside Down’ candle pattern is discovered. The chart forms ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

3.279500000 – 3.347500000 – 3.340400000 – 3.208300000 – 3.246100000 – 3.205100000 — 36.770222583027 – 36.031370176631

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