XRP/USDT – 30M – BUY

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

A bullish trend upwards to the next resistance line at 3.238700000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.

Moreover a ‘RSI cross above 70’ indicator signal is found. The indicator shows ‘RSI cross above 70’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 3.2387 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 3.238700000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

3.238700000 – 3.209800000 – 3.218100000 – 3.156400000 – 3.158400000 – 2.998100000 — 49.130128073162 – 60.154137687121

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