XRP/USDT – 1H – BUYThe combination breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.542800000 is considered certain.
Caution: A possible change in the direction of the support level at 0.495700000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.560800000 |
| 2nd High | 0.549800000 |
| Next High | 0.542800000 |
| Current Price | 0.545400000 |
| Next Low | 0.495700000 |
| 2nd Low | 0.491700000 |
| 3rd Low | 0.486000000 |