XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 1.4371 will continue.
Caution: A possible counter-trend in the direction of the support level at 1.418 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The candles show ‘Bullish Belt Hold’. 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 probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4626 |
| 2nd High | 1.4503 |
| Next High | 1.4371 |
| Current Price | 1.431300000 |
| Next Low | 1.418 |
| 2nd Low | 1.409 |
| 3rd Low | 1.4089 |
1.4256 – 1.4371 – 1.4503 – 1.418 – 1.4187 – 1.4311 —
1.428500000 – 1.428800000 —
59.013629643772 – 57.696623689708 —
– —
1.4256 – 1777156200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – – –