XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 3.459400000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 3.354700000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.
Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.545000000 |
| 2nd High | 3.485500000 |
| Next High | 3.459400000 |
| Current Price | 3.414800000 |
| Next Low | 3.354700000 |
| 2nd Low | 3.343900000 |
| 3rd Low | 3.167500000 |
3.459400000 – 3.485500000 – 3.545000000 – 3.354700000 – 3.343900000 – 3.400500000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji –