XRP/USDT – 1H – BUY

The currency pair Ripple/Tether (XRP/USDT) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance level at 3.578700000 will continue.

Caution: A possible reversal of the trend in the direction of the support line at 3.163000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.

Additionally a ‘RSI cross above 70’ indicator signal is detected. The indicator is ‘RSI cross above 70’. this is usually a bullish chart signal. The pair is likely to go up.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

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

3.238700000 – 3.218100000 – 3.265100000 – 3.163000000 – 3.156400000 – 2.998100000 — 76.253881797379 – 76.626269868852

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom retreat down –