The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 1.460700000 is expected.
Caution: A possible counter-trend in the direction of the support level at 1.4219 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Furthermore a ‘Three Outside Up’ candle pattern is existing. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The currency 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 | 1.5414 |
| 2nd High | 1.4817 |
| Next High | 1.460700000 |
| Current Price | 1.459100000 |
| Next Low | 1.4219 |
| 2nd Low | 1.4092 |
| 3rd Low | 1.3871 |
1.460700000 – 1.4817 – 1.472 – 1.4219 – 1.4507 – 1.4555 —
1.460700000 – 1.458500000 —
57.229527290685 – 50.775673758831 —
1.460700000 – 1773970200 —
– 1773970200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –