XRP/USDT – 1H – SELL

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 1.1488748 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 1.256 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Two Crows’ candlestick chart pattern is discovered. The candles form ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.256 – 1.2935 – 1.161 – 1.2053 – 1.1268 – 1.1261 —
1.228300000 – 1.199300000 —
47.207399315663 – 35.103649743065 —
– —
1.256 – 1781611200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –