XRP/USDT – 1H – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance line at 1.2251 is likely expected.
Caution: A possible change in the direction of the support zone at 1.1042 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.2935 |
| 2nd High | 1.256 |
| Next High | 1.2251 |
| Current Price | 1.139700000 |
| Next Low | 1.1042 |
| 2nd Low | 1.0884 |
| 3rd Low |
1.2251 – 1.256 – 1.2935 – 1.1329 – 1.2053 – 1.1268 —
1.140400000 – 1.129100000 —
30.604195457305 – 35.161008959257 —
– —
1.2251 – 1781712000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –