XRP/USDT – 1H – BUY

The pair Ripple/Tether (XRP/USDT) breaks through the ascending trendline upwards

A continuation of the bullish trend up to the next resistance line at 1.161 is considered certain.

Caution: A possible trend reversal in the direction of the support line at 1.1268 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘Three Outside Up’ candlestick pattern is discovered. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.161 – 1.1577 – 1.1376 – 1.1268 – 1.1261 – 1.1042 —
1.191600000 – 1.183600000 —
73.851661895113 – 67.890322034054 —
– —
1.161 – 1781362800

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –