XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 3.058600000 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 2.981400000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. 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 | 3.185800000 |
| 2nd High | 3.066900000 |
| Next High | 3.058600000 |
| Current Price | 3.085400000 |
| Next Low | 2.981400000 |
| 2nd Low | 2.964200000 |
| 3rd Low | 2.953200000 |
3.058600000 – 3.049600000 – 3.043000000 – 2.981400000 – 3.002900000 – 3.005400000 — 66.016008828993 – 66.320909500668
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Inverse Head and Shoulder chart pattern – –