XRP/USDT – 1H – BUY

The currency pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline up.

A continuation of the uptrend upwards to the next resistance level at 1.435 is certain.

Caution: A possible counter-trend in the direction of the support zone at 1.3795 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.4389392 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.435 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three White Soldiers’ candle pattern is existing. The chart shows ‘Three White Soldiers’. 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 ‘Three White Soldiers’ heading up is 82%.

1.435 – 1.4573 – 1.4209 – 1.3795 – 1.4035 – 1.4133 —
1.425500000 – 1.420000000 —
53.789936181515 – 50.602649805398 —
– —
1.435 – 1778288400

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –