XRP/USDT – 1H – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 3.335000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 3.202600000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.382500000 |
| 2nd High | 3.347500000 |
| Next High | 3.335000000 |
| Current Price | 3.331100000 |
| Next Low | 3.202600000 |
| 2nd Low | 3.115200000 |
| 3rd Low | 2.964100000 |
3.335000000 – 3.306700000 – 3.334200000 – 3.202600000 – 3.115200000 – 3.152100000 — 64.551643813021 – 66.283722799802
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Triple bottom chart pattern – –