XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 1.4573 is expected.
Caution: A possible change in the direction of the support line at 1.3795 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bearish SBS White Lines’ chart pattern is discovered. The candles show ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51 |
| 2nd High | 1.4626 |
| Next High | 1.4573 |
| Current Price | 1.431800000 |
| Next Low | 1.3795 |
| 2nd Low | 1.3716 |
| 3rd Low | 1.3644 |
1.427 – 1.4215 – 1.4573 – 1.3795 – 1.3802 – 1.3831 —
1.419800000 – 1.434200000 —
63.837017678742 – 69.696429444183 —
– —
1.427 – 1778266800
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish SBS White Lines – – –