XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 3.035000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
Next a ‘Bearish Harami Cross’ candlestick pattern is discovered. The candles show ‘Bearish Harami Cross’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3.035000000 |
| Current Price | 2.943300000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.035000000 – 2.894900000 – 2.847600000 – 2.763700000 – 2.662900000 – 2.659600000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Bearish Harami Cross –