XRP/USDT – 1H – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 1.4209 will continue.
Caution: A possible trend reversal in the direction of the support line at 1.3901 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bullish Belt Hold’ chart pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4503 |
| 2nd High | 1.4466 |
| Next High | 1.4209 |
| Current Price | 1.422200000 |
| Next Low | 1.3901 |
| 2nd Low | 1.3829 |
| 3rd Low | 1.3814 |
1.4209 – 1.4003 – 1.3999 – 1.3901 – 1.3829 – 1.3814 —
1.412800000 – 1.419600000 —
56.594434298087 – 62.653479479418 —
– —
1.4209 – 1777867200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – – –