XRP/USDT – 1H – BUY

The pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.

The bullish trend up to the next resistance at 3.035000000 is considered certain.

Caution: A possible counter-trend in the direction of support at 2.763700000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 3.035 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 3.035000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. 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).

3.035000000 – 2.894900000 – 2.975000000 – 2.763700000 – 2.662900000 – 2.248500000

Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji – Double top chart pattern