Sell XRP/USDT – 30M – SELL

The combination Ripple/Tether (XRP/USDT) moves from the bullish trendline down.

A bearish trend down to the next support line at 1.0864 is considered certain.

Caution: A possible change in the direction of resistance at 1.1354 should be noted.
Consider stop-loss settings accordingly.

Moreover a indicator layout is detected. The indicator shows ”. which is often a bearish chart scenario. The pair is likely to go down.

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Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Tweezers Top’ candlestick pattern is found. The candles form ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 1.1696
2nd High 1.165
Next High 1.1354
Current Price 1.113300000
Next Low 1.0864
2nd Low 1.0826
3rd Low 1.0694

1.1018 – 1.1029 – 1.096 – 1.0864 – 1.0902 – 1.0826 —
1.110400000 – 1.115600000 —
70.492339091275 – 71.873733256926 —
– —
1.1018 – 1783603800

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