XRP/USDT – 1H – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

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

A continuation of the downward movement downwards to the next support level at 1.3038 is expected.

Caution: A possible change in the direction of the resistance line at 1.3669 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.3669 – 1.3582 – 1.3726 – 1.3038 – 1.3166 – 1.2954 —
1.328200000 – 1.350300000 —
50.197867669069 – 61.372766500306 —
– —
1.3669 – 1774857600

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –