XRP/USDT – 30M – BUYThen a ‘Double top retreat up’ chart layout is discovered. The chart forms ‘Double top retreat up’. this is a bullish pattern signal. The pair is likely to go up.
The currency pair Ripple/Tether (XRP/USDT) goes from the bearish trendline up.
The bullish trend upwards to the next resistance line at 3.009100000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 2.964200000 could happen.
Consider stop-loss settings accordingly.
Then a ‘Above the Stomach’ candlestick pattern is existing. The chart forms ‘Above the Stomach’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Above the Stomach’ heading up is 66% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.185800000 |
| 2nd High | 3.139700000 |
| Next High | 3.009100000 |
| Current Price | 2.991500000 |
| Next Low | 2.964200000 |
| 2nd Low | 2.953200000 |
| 3rd Low | 2.935700000 |
3.009100000 – 3.139700000 – 3.112000000 – 2.978400000 – 3.023200000 – 3.055800000 — 43.552464880276 – 51.374235208933
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Above the Stomach – Double top retreat up – –