XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 2.320100000 will continue.
Caution: A possible reversal of the trend in the direction of support at 2.260100000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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 | 2.354300000 |
| 2nd High | 2.329300000 |
| Next High | 2.320100000 |
| Current Price | 2.299400000 |
| Next Low | 2.260100000 |
| 2nd Low | 2.222300000 |
| 3rd Low | 2.166100000 |
2.320100000 – 2.329300000 – 2.298800000 – 2.260100000 – 2.222300000 – 2.166100000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji