XRP/USDT – 30M – SELL

The combination Ripple/Tether (XRP/USDT) moves from the bearish trendline down.

A continuation of the downward movement downwards to the next support at 1.3191 will persist.

Caution: A possible change in the direction of the resistance line at 1.3433 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Besides a ‘Tweezers Top’ candlestick chart pattern is detected. The chart forms ‘Tweezers Top’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

1.3433 – 1.3582 – 1.3726 – 1.3285 – 1.33 – 1.3191 —
1.324600000 – 1.327200000 —
39.676919945524 – 48.99739877636 —
– —
1.3433 – 1774765800

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Tweezers Top – – –