XRP/USDT – 1H – BUYThe currency pair Ripple/Tether (XRP/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 2.320100000 is certain.
Caution: A possible change in the direction of the support level at 2.222300000 could happen.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
And also a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.354300000 |
| 2nd High | 2.329300000 |
| Next High | 2.320100000 |
| Current Price | 2.307400000 |
| Next Low | 2.222300000 |
| 2nd Low | 2.166100000 |
| 3rd Low | 2.147500000 |
2.320100000 – 2.329300000 – 2.298800000 – 2.222300000 – 2.166100000 – 2.147500000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji