XRP/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support level at 1.3795 will continue.

Caution: A possible change in the direction of resistance at 1.435 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Matching Low’ candle pattern is detected. The candles form ‘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 chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.435 – 1.427 – 1.4215 – 1.3795 – 1.3802 – 1.3831 —
1.422700000 – 1.418200000 —
52.961088950008 – 39.721313524598 —
– —
1.435 – 1778290200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –