XRP/USDT – 1H – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance at 3.485500000 is considered certain.
Caution: A possible counter-trend in the direction of support at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3.660700000 |
| Next High | 3.485500000 |
| Current Price | 3.443900000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.485500000 – 3.660700000 – 2.946200000 – 3.343900000 – 2.803800000 – 2.763700000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji –