XRP/USDT – 1H – BUY

Furthermore a ‘Falling Wedge Chart Pattern’ chart pattern is detected. The chart shows ‘Falling Wedge Chart Pattern’. which is a bullish signal. The currency pair is likely to go up.

The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.

The bullish trend upwards to the next resistance level at 2.337000000 is likely expected.

Caution: A possible change in the direction of the support level at 2.118100000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 2.22315 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 2.337000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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).

2.337000000 – 2.175900000 – 2.180100000 – 2.118100000 – 2.141700000 – 2.140700000

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