XRP/USDT – 30M – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

The combination Ripple/Tether (XRP/USDT) jumps from the descending trendline downwards

A continuation of the downtrend downwards to the next support line at 1.1428 is certain.

Caution: A possible trend reversal in the direction of resistance at 1.1568 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 1.14355 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 1.1568 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Two Crows’ chart pattern is discovered. The candles form ‘Two Crows’. 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.1568 – 1.161 – 1.1409 – 1.1428 – 1.1299 – 1.1261 —
1.154100000 – 1.153100000 —
55.079129312237 – 56.059962876697 —
– —
1.1568 – 1781386200

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