XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 1.123000000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 1.068800000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The candles show ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.175800000 |
| 2nd High | 1.148000000 |
| Next High | 1.123000000 |
| Current Price | 1.090600000 |
| Next Low | 1.068800000 |
| 2nd Low | 1.031500000 |
| 3rd Low | 1.002600000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Engulfing