Buy XRP/USDT – 4H – BUY

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

An ascending movement upwards to the next resistance line at 1.4466 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 1.3458 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.

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

Support & Resistance Price Range*
3rd High 1.4626
2nd High 1.4503
Next High 1.4466
Current Price 1.426100000
Next Low 1.3458
2nd Low 1.3193
3rd Low 1.2949

1.4067 – 1.4466 – 1.4503 – 1.3458 – 1.409 – 1.3909 —
1.412300000 – 1.422200000 —
53.248165177906 – 60.394499766436 —
– —
1.4067 – 1777449600

Trading Signals:

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