XRP/USDT – 1H – BUY

In addition a ‘Double top retreat up’ chart formation is existing. The chart picture shows ‘Double top retreat up’. which is a positive signal. The pair is likely to go up.

In addition a ‘RSI cross above 30’ indicator layout is discovered. The indicator shows ‘RSI cross above 30’. which is often a bullish chart signal. The currency pair is likely to rise.

In addition a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 3.2689604 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 3.334200000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. 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’ going up is 52% (Bull Market) & 51% (Bear Market).

3.334200000 – 3.347500000 – 3.382500000 – 3.152100000 – 3.205100000 – 2.964100000 — 45.230547889041 – 46.087989223774

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up – –