This trigger fires when the Coinbase spot price (the current market price) for the cryptocurrency and fiat pair you choose drops below the threshold you set. It fires on the downward crossing, not on the price level when you set the applet up.

Label: Cryptocurrency
Helper text: Note: Not all currencies are available in all markets. See Coinbase Supported Currencies for more details.
Slug: cryptocurrency_type
Required: true
Can have default value: true

Label: Fiat currency
Helper text: The fiat currency to compare the price against (for example, USD).
Slug: fiat_type
Required: true
Can have default value: false

Label: Price threshold
Helper text: Fires when the Coinbase spot (market) price crosses this value, in the fiat you selected. Enter a number like 60000 or 0.05 (no commas or currency symbols).
Slug: threshold
Required: true
Can have default value: true

Cryptocurrency price drops below