The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 2.439900000 will continue.
Caution: A possible change in the direction of the support level at 2.386300000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 2.44335 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 2.439900000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.531900000 |
2nd High | 2.449000000 |
Next High | 2.439900000 |
Current Price | 2.439400000 |
Next Low | 2.386300000 |
2nd Low | 2.354800000 |
3rd Low | 2.284000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers