XRP/USDT – 4H – BUY

The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards

A bullish trend upwards to the next resistance line at 3.156000000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 2.991500000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 3.13725 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 3.156000000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

3.156000000 – 3.351200000 – 3.334200000 – 2.991500000 – 3.115200000 – 2.892000000 — 38.844355435489 – 46.237486119225

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up – –