In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 1.3923276 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.3799 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Outside Up’ candlestick pattern is discovered. The candles form ‘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 probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4067 |
| 2nd High | 1.3847 |
| Next High | 1.3799 |
| Current Price | 1.377400000 |
| Next Low | 1.3644 |
| 2nd Low | 1.3623 |
| 3rd Low | 1.3591 |
1.3799 – 1.3847 – 1.4067 – 1.3644 – 1.3623 – 1.3591 —
1.372400000 – 1.378400000 —
54.46635805726 – 57.300072775333 —
– —
1.3799 – 1777541400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –