XRP/USDT – 30M – SELL

Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.394 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 1.4263 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Bearish Belt Hold’ candle pattern is detected. The chart shows ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

1.4263 – 1.4291 – 1.4219 – 1.4066 – 1.4021 – 1.394 —
1.423200000 – 1.395800000 —
42.883559105472 – 35.238684312182 —
– —
1.4263 – 1779053400

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish Belt Hold – Rising Wedge Chart Pattern – –