XRP/USDT – 1H – SELL

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

A bearish descent downwards to the next support line at is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 3.347500000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘RSI cross above 30’ indicator layout is existing. The indicator shows ‘RSI cross above 30’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘StochRSI cross above 20’ indicator layout is existing. The indicator shows ‘StochRSI cross above 20’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candlestick chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

3.347500000 – 3.382500000 – 3.018700000 – 3.152100000 – 3.205100000 – 2.964100000 — 45.058358115724 – 43.693409084712

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