XRP/USDT – 4H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

The pair Ripple/Tether (XRP/USDT) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support level at 1.409000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.4626 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Moreover a ‘Two Crows’ candle pattern is existing. The candles show ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.4626 – 1.51 – 1.3752 – 1.409000000 – 1.3909 – 1.3193 —
1.421400000 – 1.448200000 —
44.576637423786 – 57.1406739794 —
1.409000000 – 1776931200 —
1.4626 – 1776859200

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