XRP/USDT – 1H – SELL

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 1.1094148 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 1.1376 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. 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 chance of ‘Three Black Crows’ heading down is 82%.

1.1376 – 1.1866 – 1.1719 – 1.1042 – 1.0884 – 1.1187 —
1.150900000 – 1.145400000 —
62.945706894054 – 55.17555250353 —
– —
1.1376 – 1781096400

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –