Next a ‘Double top retreat up’ chart pattern is discovered. The chart picture shows ‘Double top retreat up’. which is a bullish pattern signal. The pair is likely to go up.
Next a ‘Hammer’ candlestick chart pattern is discovered. The chart shows ‘Hammer’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.045400000 |
| 2nd High | 3.026300000 |
| Next High | 2.886700000 |
| Current Price | 2.843700000 |
| Next Low | 2.811000000 |
| 2nd Low | 2.697500000 |
| 3rd Low | 2.662900000 |
2.886700000 – 2.839000000 – 2.869300000 – 2.811000000 – 2.697500000 – 2.701400000 — 46.306881182094 – 57.532026134302
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Hammer – Double top retreat up – –