Sell XRP/USDT – 4H – SELL

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.0423058 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 1.0768 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Two Crows’ candle chart pattern is detected. The chart shows ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 1.1639
2nd High 1.0777
Next High 1.0768
Current Price 1.083900000
Next Low 1.022
2nd Low 1.0092
3rd Low

1.0768 – 1.0777 – 1.1639 – 1.022 – 1.0092 – 1.1187 —
1.049200000 – 1.112500000 —
43.6080340849 – 63.176749427425 —
– —
1.0768 – 1782748800

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