XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance at 3.027900000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 2.981100000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.128000000 |
| 2nd High | 3.081700000 |
| Next High | 3.027900000 |
| Current Price | 3.014800000 |
| Next Low | 2.981100000 |
| 2nd Low | 2.887600000 |
| 3rd Low | 2.822300000 |
3.027900000 – 3.081700000 – 2.974400000 – 2.981100000 – 2.887600000 – 2.822300000 — 57.529644328247 – 57.702961890775
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Triple bottom chart pattern – –