Buy XRP/USDT – 1H – BUY

The currency pair Ripple/Tether (XRP/USDT) goes from the descending trendline up.

The bullish trend up to the next resistance at 3.139700000 will continue.

Caution: A possible counter-trend in the direction of the support line at 2.978400000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Then a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 3.351200000
2nd High 3.185800000
Next High 3.139700000
Current Price 2.989100000
Next Low 2.978400000
2nd Low 2.964200000
3rd Low 2.953200000

3.139700000 – 3.058600000 – 3.066900000 – 2.978400000 – 2.981400000 – 2.964200000 — 34.354408847816 – 40.974513134956

Trading Signals:

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