XRP/USDT – 1H – BUY

The combination Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards

The bullish trend up to the next resistance line at 1.4082 is likely expected.

Caution: A possible change in the direction of the support line at 1.3421 could occur.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

1.4082 – 1.4097 – 1.4642 – 1.3421 – 1.3728 – 1.4099 —
1.402600000 – 1.358200000 —
51.606498237333 – 37.31322601666 —
– —
1.4082 – 1770894000

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –