XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 3.545000000 will continue.
Caution: A possible counter-trend in the direction of the support line at 3.343900000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Next a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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 | 3.660700000 |
| Next High | 3.545000000 |
| Current Price | 3.452600000 |
| Next Low | 3.343900000 |
| 2nd Low | 3.167500000 |
| 3rd Low | 2.987300000 |
3.545000000 – 3.660700000 – 3.298600000 – 3.343900000 – 3.400500000 – 3.167500000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji –