The currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance at 1.521700000 is likely expected.
Caution: A possible change in the direction of the support line at 1.283300000 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candle 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 probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.595400000 |
2nd High | 1.539300000 |
Next High | 1.521700000 |
Current Price | 1.542100000 |
Next Low | 1.283300000 |
2nd Low | 1.277500000 |
3rd Low | 1.095300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers