XRP/USDT – 30M – BUY

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

The bullish trend up to the next resistance line at 1.464200000 is considered certain.

Caution: A possible change in the direction of support at 1.3728 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.4703 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 1.464200000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Outside Up’ candlestick pattern is discovered. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.464200000 – 1.4631 – 1.4703 – 1.3728 – 1.4191 – 1.4103 —
1.464200000 – 1.457900000 —
63.711458300757 – 57.090462478496 —
1.464200000 – 1770654600 —
– 1770654600

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – Double bottom chart pattern – –