XRP/USDT – 4H – BUYThe currency pair Ripple/Tether (XRP/USDT) jumps from the descending trendline up.
A bullish ascent up to the next resistance at 1.4935 is expected.
Caution: A possible change in the direction of the support zone at 1.3124 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Moreover a ‘Three Outside Up’ candlestick chart pattern is detected. The chart forms ‘Three Outside Up’. 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 probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.9378 |
| 2nd High | 1.6714 |
| Next High | 1.4935 |
| Current Price | 1.354400000 |
| Next Low | 1.3124 |
| 2nd Low | 1.1172 |
| 3rd Low |
1.4935 – 1.6714 – 1.9378 – 1.3124 – 1.3775 – 1.3421 —
1.421600000 – 1.307100000 —
51.995816751967 – 28.611334674024 —
– —
1.4935 – 1772049600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – Symmetrical Triangle Chart Pattern – –