The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 1.123000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 1.068800000 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.175800000 |
2nd High | 1.148000000 |
Next High | 1.123000000 |
Current Price | 1.105600000 |
Next Low | 1.068800000 |
2nd Low | 1.031500000 |
3rd Low | 1.002600000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers