XRP/USDT – 1H – BUY

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

A bullish trend up to the next resistance level at 1.4642 is expected.

Caution: A possible counter-trend in the direction of support at 1.3124 could happen.
In the case of a trade, always set appropriate stop-loss settings.

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

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.4642 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 1.4642 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

1.3997 – 1.4642 – 1.4389 – 1.3124 – 1.3775 – 1.382 —
1.368100000 – 1.436800000 —
52.509323522964 – 76.544011246689 —
– —
1.3997 – 1771981200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – Double top retreat up – –