XRP/USDT – 30M – BUY

The combination Ripple/Tether (XRP/USDT) breaks through the descending trendline up.

The bullish trend up to the next resistance level at 2.963700000 is certain.

Caution: A possible counter-trend in the direction of the support zone at 2.803800000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Next a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

2.963700000 – 3.035000000 – 2.894900000 – 2.803800000 – 2.763700000 – 2.662900000

Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji – Triple bottom chart pattern