XRP/USDT – 1H – BUY

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

A bullish movement up to the next resistance at 2.989600000 is likely expected.

Caution: A possible change in the direction of the support line at 2.818400000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 2.9828 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 2.989600000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

2.989600000 – 3.038000000 – 3.096900000 – 2.818400000 – 2.848800000 – 2.940400000 — 46.739570722086 – 46.969098098771

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