XRP/USDT – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 1.50875 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 1.4381 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.5171 |
| 2nd High | 1.4943 |
| Next High | 1.4381 |
| Current Price | 1.427700000 |
| Next Low | 1.382 |
| 2nd Low | 1.3485 |
| 3rd Low | 1.3461 |
1.4381 – 1.4943 – 1.5171 – 1.382 – 1.4268 – 1.3485 —
1.413100000 – 1.421700000 —
34.788632014925 – 50.244046991459 —
– —
1.4381 – 1771484400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –