XRP/USDT – 4H – BUY

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

A bullish trend upwards to the next resistance line at 1.4732 is expected.

Caution: A possible counter-trend in the direction of the support zone at 1.3218 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Three Outside Up’ candlestick pattern is discovered. The chart shows ‘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).

1.4732 – 1.4332 – 1.4935 – 1.3218 – 1.3341 – 1.27 —
1.389700000 – 1.381500000 —
57.021723861461 – 49.355212300044 —
– —
1.4732 – 1772640000

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – Rising Wedge Chart Pattern – –