Sell XRP/USDT – 1H – SELL

The currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline down.

A descent down to the next support level at 1.3901 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.4573 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a indicator layout is existing. The indicator shows ”. which could be a negative chart signal. The currency pair is likely to fall.

!

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

In addition a ‘Three Outside Down’ chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 1.51
2nd High 1.4626
Next High 1.4573
Current Price 1.382600000
Next Low 1.3901
2nd Low 1.3829
3rd Low 1.3814

1.4573 – 1.4209 – 1.4003 – 1.4035 – 1.4133 – 1.3901 —
1.413400000 – 1.396300000 —
41.659004166775 – 34.695400864844 —
– —
1.4573 – 1778065200

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals