XRP/USDT – 1H – BUY

The currency pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline up.

A continuation of the bullish trend up to the next resistance line at 3.013500000 is considered certain.

Caution: A possible trend reversal in the direction of support at 2.965200000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is considered certain. Current target is 3.001757 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 3.013500000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘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).

3.013500000 – 3.009100000 – 3.139700000 – 2.965200000 – 2.978400000 – 2.981400000 — 44.33864141246 – 45.416183947334

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