XRP/USDT – 30M – BUY

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

A bullish ascent up to the next resistance at 3.011000000 is considered certain.

Caution: A possible change in the direction of the support zone at should be noted.
Consider stop-loss settings accordingly.

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

In addition a ‘StochRSI cross above 20’ indicator layout is detected. The indicator is ‘StochRSI cross above 20’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 3.035632 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 3.011000000 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which 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).

3.011000000 – 3.018700000 – 2.968300000 – 2.901400000 – 2.892000000 – 3.001000000 — 55.534447422738 – 56.452189422326

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