XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 2.438000000 is expected.
Caution: A possible counter-trend in the direction of the support line at 2.366200000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Two-Candle Shooting Star’ chart pattern is discovered. The candles form ‘Two-Candle Shooting Star’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.728100000 |
| 2nd High | 2.452200000 |
| Next High | 2.438000000 |
| Current Price | 2.423100000 |
| Next Low | 2.366200000 |
| 2nd Low | 2.364100000 |
| 3rd Low | 2.343400000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Two-Candle Shooting Star