The currency pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 1.630000000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 1.283300000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. 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 | |
2nd High | |
Next High | 1.630000000 |
Current Price | 1.733700000 |
Next Low | 1.283300000 |
2nd Low | 1.277500000 |
3rd Low | 1.055600000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers