XRP/USDT – 1H – BUY

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

The bullish trend upwards to the next resistance line at 2.989600000 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 2.818400000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 2.9828 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 2.989600000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish 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).

2.989600000 – 3.038000000 – 3.096900000 – 2.818400000 – 2.848800000 – 2.940400000 — 43.030878616157 – 45.420170346538

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