XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 3.451300000 will persist.
Caution: A possible trend reversal in the direction of support at 3.380000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candle pattern is found. The candles show ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.485500000 |
| 2nd High | 3.459400000 |
| Next High | 3.451300000 |
| Current Price | 3.452500000 |
| Next Low | 3.380000000 |
| 2nd Low | 3.354700000 |
| 3rd Low | 3.343900000 |
3.451300000 – 3.459400000 – 3.485500000 – 3.380000000 – 3.354700000 – 3.343900000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji –