XRP/USDT – 30M – BUY

The currency pair Ripple/Tether (XRP/USDT) moves from the descending trendline upwards

A bullish trend up to the next resistance at 3.009100000 will continue.

Caution: A possible change in the direction of the support zone at 2.978400000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 3.0164668 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 3.009100000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

3.009100000 – 3.139700000 – 3.112000000 – 2.978400000 – 3.023200000 – 3.055800000 — 44.85719819697 – 49.766243965434

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up – –