The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 1.3973 will continue.
Caution: A possible trend reversal in the direction of the support line at should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.
Then a ‘StochRSI Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘StochRSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The pair is likely to go up.
Then a ‘Three Outside Up’ candlestick chart pattern is existing. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4205 |
| 2nd High | 1.4097 |
| Next High | 1.3973 |
| Current Price | 1.382300000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.3973 – 1.4097 – 1.4205 – 1.3596 – 1.3421 – 1.3553 —
1.380700000 – 1.384600000 —
49.866998995186 – 50.440926454603 —
– —
1.3973 – 1770845400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – Double bottom retreat down – –