XRP/USDT – 4H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.4707 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.4732 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6714 |
| 2nd High | 1.4935 |
| Next High | 1.4732 |
| Current Price | 1.372900000 |
| Next Low | 1.3341 |
| 2nd Low | 1.27 |
| 3rd Low | 1.1172 |
1.4732 – 1.4332 – 1.4935 – 1.3341 – 1.27 – 1.3124 —
1.362700000 – 1.363600000 —
44.169188499636 – 44.564344064889 —
– —
1.4732 – 1772640000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –