The currency pair Ripple/Tether (XRP/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at will continue.
Caution: A possible trend reversal in the direction of the support level at 1.350000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 1.5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candlestick pattern is found. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 1.579900000 |
Next Low | 1.350000000 |
2nd Low | 1.095300000 |
3rd Low | 1.077400000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers