XRP/USDT – 1H – SELL

Besides a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative chart scenario. The pair is likely to go down.

Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.1187 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.1639 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which 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 ‘Three Black Crows’ going down is 82%.

1.1639 – 1.1522 – 1.1535 – 1.1225 – 1.1342 – 1.1187 —
1.133200000 – 1.128100000 —
43.226390437247 – 34.015555135838 —
– —
1.1639 – 1782136800

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