XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 2.191200000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 2.172300000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.264200000 |
| 2nd High | 2.226500000 |
| Next High | 2.191200000 |
| Current Price | 2.182000000 |
| Next Low | 2.172300000 |
| 2nd Low | 2.147500000 |
| 3rd Low | 2.059100000 |
2.191200000 – 2.190300000 – 2.226500000 – 2.172300000 – 2.147500000 – 2.059100000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji