XRP/USDT – 1H – SELL

The pair Ripple/Tether (XRP/USDT) goes from the descending trendline down.

A continuation of the downward movement down to the next support line at is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 1.4642 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

Additionally a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.

Additionally a ‘Matching Low’ candlestick chart pattern is discovered. The chart shows ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.4642 – 1.4703 – 1.5442 – 1.3728 – 1.4099 – 1.4097 —
1.458700000 – 1.452000000 —
56.371518005504 – 54.122980619562 —
– —
1.4642 – 1770652800

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