XRP/USDT – 1H – BUY

The combination Ripple/Tether (XRP/USDT) moves from the bullish trendline upwards

A continuation of the upward movement up to the next resistance level at 3.035000000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 3.035 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 3.035000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. 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).

3.035000000 – 2.894900000 – 2.975000000 – 2.803800000 – 2.763700000 – 2.662900000

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