XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 3.545000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 3.343900000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
Additionally a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3.660700000 |
| Next High | 3.545000000 |
| Current Price | 3.441300000 |
| Next Low | 3.343900000 |
| 2nd Low | 3.167500000 |
| 3rd Low | 2.987300000 |
3.545000000 – 3.660700000 – 3.298600000 – 3.343900000 – 3.400500000 – 3.167500000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji –