XRP/USDT – 30M – BUY

The combination Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards

An ascent upwards to the next resistance at 2.968300000 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 2.901400000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI cross above 20’ indicator signal is found. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish chart signal. The pair is likely to go up.

There is also a ‘Northern Doji’ chart pattern is detected. The candles form ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

2.968300000 – 3.080000000 – 3.178400000 – 2.901400000 – 2.892000000 – 3.001000000 — 46.207577738492 – 52.105732845321

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –