The combination Ripple/Tether (XRP/USDT) moves from the ascending trendline down.
A descending movement downwards to the next support at 2.133400000 is certain.
Caution: A possible change in the direction of the resistance line at 2.181500000 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 2.317300000 |
2nd High | 2.237900000 |
Next High | 2.181500000 |
Current Price | 2.176900000 |
Next Low | 2.133400000 |
2nd Low | 2.114900000 |
3rd Low | 1.900000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold