XRP/USDT – 1H – BUY

The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards

An ascent upwards to the next resistance line at 3.035000000 will continue.

Caution: A possible change in the direction of the support zone at 2.763700000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 3.035 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 3.035000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Line Strike – Bullish’ candle chart pattern is detected. The chart forms ‘Three Line Strike – Bullish’. 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 likelyhood of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).

3.035000000 – 2.894900000 – 2.975000000 – 2.763700000 – 2.662900000 – 2.248500000

Trading Signals: FOREX – XRP – XRP/USDT – USDT – Three Line Strike – Bullish – Triple bottom chart pattern