XRP/USDT – 30M – BUY

The combination Ripple/Tether (XRP/USDT) breaks through the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance level at 3.128000000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 3.018000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 3.0731 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 3.128000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. 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).

3.073100000 – 3.036500000 – 2.996400000 – 3.018000000 – 2.935700000 – 2.936700000 — 68.501744232496 – 70.231789643949

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom retreat down – –