XRP/USDT – 1H – BUY

The pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.

A continuation of the upward movement up to the next resistance line at 1.161 is expected.

Caution: A possible counter-trend in the direction of the support zone at 1.126800000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.1866 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 1.161 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

1.161 – 1.1577 – 1.1376 – 1.126800000 – 1.1261 – 1.1042 —
1.136900000 – 1.175700000 —
33.557811842467 – 71.055906435652 —
1.126800000 – 1781445600 —
1.161 – 1781362800

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