XRP/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 1.06725 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 1.1125 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Two Crows’ candle pattern is existing. The chart shows ‘Two Crows’. 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 success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.1125 – 1.0738 – 1.0544 – 1.0451 – 1.0345 – 1.022 —
1.091700000 – 1.095900000 —
61.91504865403 – 62.453333265872 —
– —
1.1125 – 1782997200

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