XRP/USDT – 4H – BUY

The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance level at 2.282100000 is likely expected.

Caution: A possible trend reversal in the direction of support at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.

And also a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

2.282100000 – 2.359300000 – 2.478000000 – 2.059100000 – 2.079400000 – 2.266000000

Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji