The combination Ripple/Tether (XRP/USDT) goes from the bearish trendline upwards
A bullish trend up to the next resistance line at 1.2283 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.19 could occur.
Consider stop-loss settings accordingly.
Next a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Next a ‘Three Outside Up’ candle chart pattern is detected. The chart shows ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.2935 |
| 2nd High | 1.256 |
| Next High | 1.2283 |
| Current Price | 1.199800000 |
| Next Low | 1.19 |
| 2nd Low | 1.1791 |
| 3rd Low | 1.1268 |
1.2283 – 1.256 – 1.2935 – 1.2083 – 1.2053 – 1.2141 —
1.202800000 – 1.197100000 —
27.857848352045 – 27.326881366628 —
– —
1.2283 – 1781661600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –