Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 1.39285 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 1.4261 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4891 |
| 2nd High | 1.4642 |
| Next High | 1.4261 |
| Current Price | 1.359900000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.4261 – 1.4642 – 1.4389 – 1.3215 – 1.4171 – 1.3775 —
1.338300000 – 1.364000000 —
36.092933023002 – 60.395243275142 —
– —
1.4261 – 1771754400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –