XRP/USDT – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.14355 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.1568 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Outside Up’ candlestick pattern is discovered. The chart shows ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1769 |
| 2nd High | 1.161 |
| Next High | 1.1568 |
| Current Price | 1.135000000 |
| Next Low | 1.1299 |
| 2nd Low | 1.1261 |
| 3rd Low | 1.1042 |
1.1568 – 1.161 – 1.1409 – 1.1428 – 1.1299 – 1.1261 —
1.144700000 – 1.132900000 —
44.458571778373 – 28.862976593295 —
– —
1.1568 – 1781386200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –