XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 1.186500000 will continue.
Caution: A possible trend reversal in the direction of the support zone at 1.095300000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bullish Engulfing’ chart pattern is discovered. The chart forms ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.269800000 |
| Next High | 1.186500000 |
| Current Price | 1.186000000 |
| Next Low | 1.095300000 |
| 2nd Low | 1.077400000 |
| 3rd Low | 1.065000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Engulfing