XRP/USDT – 30M – SELL

And also a ‘Double top chart pattern’ chart pattern is detected. The chart picture shows ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The combination Ripple/Tether (XRP/USDT) goes from the descending trendline downwards

A continuation of the downward movement down to the next support at 1.3596 is expected.

Caution: A possible counter-trend in the direction of resistance at 1.4082 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

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

1.4082 – 1.3973 – 1.4097 – 1.3596 – 1.3421 – 1.3553 —
1.376400000 – 1.370300000 —
43.813754149388 – 47.099025396447 —
– —
1.4082 – 1770895800

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down – Double top chart pattern – –