XRP/USDT – 4H – SELL

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.1172 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 1.9378 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

1.9378 – 1.9907 – 3.0998 – 1.3421 – 1.3728 – 1.1172 —
1.425600000 – 1.671400000 —
56.611346275993 – 64.843736466981 —
– —
1.9378 – 1769602500

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – – –