1. Identify the trend: Look for a series of Lower Lows 2. Plot the line: Connect two or more significant price points using a straight line tool. 3. Extend the line: Project the line into the future to act as a potential Resistance. 4. Confirm the trend: Look for the price to continue to respect the trend line by testing and staying below it. Note: Trend lines are just a visual representation and are not always accurate, so it's important to use other technical indicators and analysis in conjunction with trend lines. Also, trendline may and may no be prefect to draw, so you've to adjust with experience.

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Trend Status:

[Bullish] - by PresentTrading

Use backtesting to evaluate and make objective trading decisions.

Good luck.

The 9-yr backtesting results:

-- Summary --

Winning rate 39.22%

Sortino Ratio 3.307

Ratio Avg Win / Avg Loss 8.255

-PresentTrading

#XRP #BTC #crypto2023 #trendtrading #presentTrading

XRP/BTC 12hr chart