XRP/USDT – 1H – BUYThe currency pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 1.3955 is certain.
Caution: A possible trend reversal in the direction of the support line at 1.3503 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Besides a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4379 |
| 2nd High | 1.3962 |
| Next High | 1.3955 |
| Current Price | 1.380100000 |
| Next Low | 1.3503 |
| 2nd Low | 1.3193 |
| 3rd Low | 1.2949 |
1.3955 – 1.3839 – 1.3395 – 1.3503 – 1.3521 – 1.3193 —
1.357200000 – 1.383500000 —
46.180143951926 – 60.250739224034 —
– —
1.3955 – 1776175200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –