XRP/USDT – 30M – SELL

The currency pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline down.

A bearish trend down to the next support line at 1.4085 is certain.

Caution: A possible change in the direction of the resistance line at 1.4732 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Matching Low’ candle pattern is found. The chart forms ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.4732 – 1.4257 – 1.3698 – 1.4085 – 1.3452 – 1.3486 —
1.431600000 – 1.441600000 —
53.429418826814 – 48.726976549826 —
– —
1.4732 – 1772640000

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low – – –