XRP/USDT – 1H – BUY

The combination Ripple/Tether (XRP/USDT) moves from the ascending trendline up.

A continuation of the uptrend up to the next resistance level at 3.178400000 is expected.

Caution: A possible trend reversal in the direction of the support zone at 2.892000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘RSI cross above 30’ indicator signal is detected. The indicator is ‘RSI cross above 30’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘StochRSI cross above 20’ indicator signal is detected. The indicator is ‘StochRSI cross above 20’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Furthermore a ‘Bullish Engulfing’ candlestick chart pattern is found. The chart forms ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.

3.178400000 – 3.162100000 – 3.185600000 – 2.892000000 – 3.001000000 – 3.053300000 — 45.467691884932 – 50.525771074153

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Engulfing – Triple top chart pattern – –