XRP/USDT – 30M – SELL

Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 1.398 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 1.6714 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Two Crows’ candlestick pattern is found. The chart shows ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.6714 – 1.4769 – 1.4285 – 1.4616 – 1.4485 – 1.4078 —
1.472900000 – 1.460100000 —
36.998509825161 – 38.10101519453 —
– —
1.6714 – 1771142400

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Two Crows – – –