XRP/USDT – 30M – BUY

The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.

A bullish trend up to the next resistance at 1.3504 is considered certain.

Caution: A possible change in the direction of the support level at 1.27 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘Bullish Belt Hold’ chart pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

1.3504 – 1.3653 – 1.4262 – 1.27 – 1.3386 – 1.3827 —
1.332600000 – 1.348800000 —
53.703400587276 – 59.67127302931 —
– —
1.3504 – 1772287200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – Symmetrical Triangle Chart Pattern – –