XRP/USDT – 1H – SELL

The pair Ripple/Tether (XRP/USDT) moves from the bearish trendline down.

A continuation of the downtrend down to the next support level at 1.0092 will continue.

Caution: A possible counter-trend in the direction of resistance at 1.0899 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Last Engulfing Bottom:’ candlestick chart pattern is discovered. The chart forms ‘Last Engulfing Bottom:’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).

1.0899 – 1.1639 – 1.1522 – 1.0092 – 1.0122 – 1.0462 —
1.039600000 – 1.053700000 —
43.551472435753 – 51.865072411586 —
– —
1.0899 – 1782367200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Last Engulfing Bottom: – – –