The currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance level at 1.492300000 will persist.
Caution: A possible trend reversal in the direction of support at 1.429200000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.524300000 |
2nd High | 1.521700000 |
Next High | 1.492300000 |
Current Price | 1.542100000 |
Next Low | 1.429200000 |
2nd Low | 1.352400000 |
3rd Low | 1.332700000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers