XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at will persist.
Caution: A possible reversal of the trend in the direction of the support level at 3.167500000 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 3.486900000 |
| Next Low | 3.167500000 |
| 2nd Low | 2.987300000 |
| 3rd Low | 2.877400000 |
3.298600000 – 3.100000000 – 2.936500000 – 3.167500000 – 2.987300000 – 2.877400000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji – Triple bottom chart pattern