XRP/USDT – 1H – BUYNext a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 1.4098124 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.423 could happen.
Consider stop-loss settings accordingly.
Next a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to rise. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4935 |
| 2nd High | 1.4332 |
| Next High | 1.423 |
| Current Price | 1.405500000 |
| Next Low | 1.345200000 |
| 2nd Low | 1.3366 |
| 3rd Low | 1.3341 |
1.3877 – 1.423 – 1.4332 – 1.345200000 – 1.3366 – 1.3341 —
1.355900000 – 1.412900000 —
41.685696404002 – 62.914478155747 —
1.345200000 – 1772596800 —
1.3877 – 1772553600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – – –