XRP/USDT – 1H – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance line at 1.4457 is certain.
Caution: A possible change in the direction of the support zone at 1.4239 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
And also a ‘Bearish SBS White Lines’ candle pattern is existing. The chart shows ‘Bearish SBS White Lines’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51 |
| 2nd High | 1.4626 |
| Next High | 1.4457 |
| Current Price | 1.440500000 |
| Next Low | 1.4239 |
| 2nd Low | 1.409 |
| 3rd Low | 1.3909 |
1.4457 – 1.4626 – 1.45 – 1.4239 – 1.409 – 1.4116 —
1.438700000 – 1.441900000 —
56.167538081636 – 53.556254781786 —
– —
1.4457 – 1776996000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish SBS White Lines – – –