XRP/USDT – 30M – SELL

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

A bearish movement down to the next support line at 1.403500000 is certain.

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

Also there is a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘Tweezers Top’ candle chart pattern is existing. The chart forms ‘Tweezers Top’. this 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 ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

1.4573 – 1.4222 – 1.4206 – 1.403500000 – 1.4133 – 1.4073 —
1.407900000 – 1.420300000 —
26.379917169206 – 50.922025452947 —
1.403500000 – 1778124600 —
1.4573 – 1778065200

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