XRP/USDT – 30M – BUY

The currency pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline up.

A continuation of the upward movement up to the next resistance at 2.946200000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 2.840700000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.

Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

2.946200000 – 2.963700000 – 3.035000000 – 2.840700000 – 2.803800000 – 2.763700000

Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji – Triple bottom chart pattern