XRP/USDT – 30M – SELL

Then a ‘Double bottom retreat down’ chart pattern is found. The chart picture forms ‘Double bottom retreat down’. which is a bearish signal. The currency pair is likely to fall.

The combination Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards

A bearish descent downwards to the next support line at 2.662900000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 2.847600000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

2.847600000 – 2.847900000 – 2.975000000 – 2.662900000 – 2.659600000 – 2.248500000

Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji – Double bottom retreat down