XRP/USDT – 4H – BUY

The pair Ripple/Tether (XRP/USDT) breaks through the ascending trendline up.

A continuation of the upward movement upwards to the next resistance at is expected.

Caution: A possible reversal of the trend in the direction of the support level at 1.283300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 1.63 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three White Soldiers’ candlestick pattern is found. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency 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%.

Download XRP/USDT Signal Image

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers