XRP/USDT – 4H – SELL

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 1.09675 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.1843 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘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 probability of ‘Three Black Crows’ heading down is 82%.

1.1843 – 1.0768 – 1.0777 – 1.022 – 1.0092 – 1.1187 —
1.157400000 – 1.149000000 —
61.16098512851 – 59.899617723232 —
– —
1.1843 – 1783181100

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Black Crows – – –