XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) moves from the bearish trendline upwards
A bullish movement up to the next resistance line at 2.219800000 will persist.
Caution: A possible trend reversal in the direction of the support level at 2.178600000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Additionally a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Additionally a ‘Bearish Harami Cross’ candlestick pattern is found. The candles form ‘Bearish Harami Cross’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.337000000 |
| 2nd High | 2.229600000 |
| Next High | 2.219800000 |
| Current Price | 2.177000000 |
| Next Low | 2.178600000 |
| 2nd Low | 2.078200000 |
| 3rd Low | 1.908300000 |
2.219800000 – 2.198000000 – 2.189700000 – 2.178600000 – 2.180200000 – 2.078200000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Bearish Harami Cross –