XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 3.185800000 is certain.
Caution: A possible change in the direction of the support line at 2.981400000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.372600000 |
| 2nd High | 3.351200000 |
| Next High | 3.185800000 |
| Current Price | 3.102400000 |
| Next Low | 2.981400000 |
| 2nd Low | 2.964200000 |
| 3rd Low | 2.953200000 |
3.058600000 – 3.049600000 – 3.043000000 – 2.981400000 – 3.002900000 – 3.005400000 — 65.013554897053 – 66.840684816977
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Triple bottom chart pattern – –