Then a ‘Double top retreat up’ chart layout is detected. The chart shows ‘Double top retreat up’. this is a bullish signal. The pair is likely to go up.
The currency pair Ripple/Tether (XRP/USDT) goes from the bearish trendline up.
An ascending movement up to the next resistance line at 3.330800000 is considered certain.
Caution: A possible change in the direction of the support zone at 3.163000000 should be noted.
Consider stop-loss settings accordingly.
Then a ‘RSI cross above 30’ indicator layout is existing. The indicator shows ‘RSI cross above 30’. which is often a bullish signal. The currency pair could go up.
Then a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.649500000 |
| 2nd High | 3.578700000 |
| Next High | 3.330800000 |
| Current Price | 3.165400000 |
| Next Low | 3.163000000 |
| 2nd Low | 3.156400000 |
| 3rd Low | 2.998100000 |
3.330800000 – 3.238700000 – 3.209800000 – 3.163000000 – 3.156400000 – 3.158400000 — 28.428314880045 – 32.26423303835
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up –