XRP/USDT – 30M – BUY

The currency pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline up.

A continuation of the uptrend upwards to the next resistance level at 3.036500000 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 2.935700000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 3.0365 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 3.036500000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

3.036500000 – 2.996400000 – 2.928500000 – 2.935700000 – 2.936700000 – 2.933700000 — 69.472832167928 – 75.140379793481

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –