XRP/USDT – 1H – SELL

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

A descent down to the next support at will continue.

Caution: A possible change in the direction of the resistance zone at 1.9907 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

Moreover a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

Moreover a ‘Three Outside Down’ candle chart pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.9907 – 2.0299 – 2.0661 – 1.8712 – 1.87 – 1.847 —
1.961100000 – 1.964600000 —
52.929210974766 – 57.996625372334 —
– —
1.99070 – 1769032800

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –