XRP/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support at will persist.

Caution: A possible trend reversal in the direction of the resistance line at 1.9295 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

And also a ‘Matching Low’ candle chart pattern is existing. The candles show ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.9295 – 1.946 – 1.9907 – 1.8741 – 1.8879 – 1.9016 —
1.923700000 – 1.933400000 —
55.077191860087 – 52.740060260961 —
– —
1.92950 – 1769547600

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –