XRP/USDT – 1H – SELL

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1.317829 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 1.4332 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Matching Low’ candlestick pattern is found. The candles show ‘Matching Low’. this is a bullish 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).

1.4332 – 1.4262 – 1.4935 – 1.27 – 1.3386 – 1.3827 —
1.410400000 – 1.396400000 —
58.592490051859 – 55.34165965967 —
– —
1.4332 – 1772330400

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