XRP/USDT – 1H – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

The currency pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline downwards

A descent downwards to the next support at 1.1261 is considered certain.

Caution: A possible change in the direction of the resistance level at 1.2251 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘Last Engulfing Bottom:’ candle chart pattern is existing. The chart shows ‘Last Engulfing Bottom:’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).

1.2251 – 1.256 – 1.2935 – 1.1329 – 1.2053 – 1.1268 —
1.134000000 – 1.142000000 —
32.232179054105 – 44.398838038975 —
– —
1.2251 – 1781712000

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Last Engulfing Bottom: – Symmetrical Triangle Chart Pattern – –