XRP/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.365254 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 1.3603 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bullish Engulfing’ candle chart pattern is detected. The candles form ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3749 |
| 2nd High | 1.3733 |
| Next High | 1.3603 |
| Current Price | 1.350100000 |
| Next Low | 1.3415 |
| 2nd Low | 1.3366 |
| 3rd Low | 1.3341 |
1.3603 – 1.3733 – 1.3749 – 1.3415 – 1.3468 – 1.3606 —
1.366400000 – 1.355300000 —
61.147339215426 – 43.737150068363 —
– —
1.3603 – 1772928000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Engulfing – – –