XRP/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support line at 1.4187 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.4256 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.

There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.

There is also a ‘Bearish Belt Hold’ candlestick pattern is existing. The candles show ‘Bearish Belt Hold’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

1.4256 – 1.4371 – 1.4503 – 1.4187 – 1.4311 – 1.4297 —
1.423800000 – 1.422700000 —
42.419023547766 – 42.809750544124 —
– —
1.4256 – 1777156200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –