Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 1.10505 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 1.1639 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.256 |
| 2nd High | 1.2251 |
| Next High | 1.1639 |
| Current Price | 1.084700000 |
| Next Low | 1.0462 |
| 2nd Low | |
| 3rd Low |
1.1639 – 1.1522 – 1.1535 – 1.0462 – 1.1225 – 1.1342 —
1.078700000 – 1.073700000 —
41.27981494805 – 40.911015223997 —
– —
1.1639 – 1782136800
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –