XRP/USDT – 1H – BUY

The pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards

An ascending movement up to the next resistance line at 3.265100000 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 3.163000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.

Additionally a ‘RSI fall below 70’ indicator layout is discovered. The indicator is ‘RSI fall below 70’. which could be a positive signal. The currency pair could go up.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Additionally a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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).

3.238700000 – 3.218100000 – 3.265100000 – 3.163000000 – 3.156400000 – 2.998100000 — 63.916959992041 – 68.913546453222

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom chart pattern –