XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance level at 3.153400000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 3.035300000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.578700000 |
| 2nd High | 3.265100000 |
| Next High | 3.153400000 |
| Current Price | 3.072600000 |
| Next Low | 3.035300000 |
| 2nd Low | 2.955500000 |
| 3rd Low | 2.877400000 |
3.153400000 – 3.265100000 – 3.237300000 – 3.035300000 – 2.955500000 – 3.020000000 — 46.95716632599 – 47.387081212944
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up –