XRP/USDT – 1H – BUY

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

A bullish ascent upwards to the next resistance level at 3.334200000 is expected.

Caution: A possible trend reversal in the direction of the support level at 3.115200000 is also possible.
Consider stop-loss settings accordingly.

Furthermore 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 scenario. The currency pair could go up.

Furthermore a ‘RSI cross above 70’ indicator signal is found. The indicator is ‘RSI cross above 70’. this is usually a bullish chart scenario. The currency pair could go up.

Furthermore a ‘StochRSI cross above 20’ indicator signal is found. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart scenario. The currency pair could go up.

Furthermore a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. 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).

3.334200000 – 3.347500000 – 3.382500000 – 3.115200000 – 3.152100000 – 3.205100000 — 55.0954525692 – 55.552182945397

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