XRP/USDT – 30M – SELL

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.3961492 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 1.435 could occur.
Please make appropriate stop-loss settings in the case of a trade.

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

1.435 – 1.427 – 1.4215 – 1.3795 – 1.3802 – 1.3831 —
1.420500000 – 1.419900000 —
45.485171557187 – 47.572210151856 —
– —
1.435 – 1778290200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –