XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at is expected.
Caution: A possible trend reversal in the direction of the support level at 2.987300000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candle pattern is discovered. The candles show ‘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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 3.243400000 |
| Next Low | 2.987300000 |
| 2nd Low | 2.877400000 |
| 3rd Low | 2.840700000 |
3.100000000 – 2.936500000 – 2.946200000 – 2.987300000 – 2.877400000 – 2.840700000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji – Triple bottom chart pattern