XRP/USDT – 1H – BUYThe combination Ripple/Tether (XRP/USDT) moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 3.660700000 will persist.
Caution: A possible trend reversal in the direction of support at 3.343900000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3.660700000 |
| Current Price | 3.431200000 |
| Next Low | 3.343900000 |
| 2nd Low | 2.803800000 |
| 3rd Low | 2.763700000 |
3.660700000 – 2.946200000 – 3.035000000 – 3.343900000 – 2.803800000 – 2.763700000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji –