XRP/USDT – 1H – BUY

The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.

An ascent upwards to the next resistance level at 3.018700000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. 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).

3.018700000 – 3.080000000 – 3.178400000 – 2.901400000 – 2.892000000 – 3.001000000 — 54.703469144989 – 55.33191286973

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom chart pattern – –