The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 1.492300000 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 1.440000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish 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 | 1.524300000 |
2nd High | 1.521700000 |
Next High | 1.492300000 |
Current Price | 1.472600000 |
Next Low | 1.440000000 |
2nd Low | 1.352400000 |
3rd Low | 1.332700000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers