XRP/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support line at 2.818400000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 2.923600000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 2.8184 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 2.923600000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Matching Low’ candle chart pattern is detected. The chart forms ‘Matching Low’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

2.923600000 – 2.989600000 – 2.914200000 – 2.818400000 – 2.848800000 – 2.973100000 — 42.112578426237 – 41.878330867151

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low – Triple bottom chart pattern – –