Buy XRP/USDT – 1H – BUY

The pair Ripple/Tether (XRP/USDT) goes from the ascending trendline downwards

A bearish trend down to the next support level at 2.367400000 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 2.458400000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Three White Soldiers’ chart pattern is found. The candles form ‘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 2.728100000
2nd High 2.474300000
Next High 2.458400000
Current Price 2.430900000
Next Low 2.367400000
2nd Low 2.327300000
3rd Low 1.995400000

Download XRP/USDT Signal Image

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