XRP/USDT – 1H – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 1.4379 will continue.
Caution: A possible counter-trend in the direction of the support level at 1.3503 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. 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 chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4665 |
| 2nd High | 1.4661 |
| Next High | 1.4379 |
| Current Price | 1.464500000 |
| Next Low | 1.3503 |
| 2nd Low | 1.3193 |
| 3rd Low | 1.2949 |
1.3955 – 1.3839 – 1.3395 – 1.3503 – 1.3521 – 1.3193 —
1.417800000 – 1.429800000 —
64.259679625584 – 66.427839567792 —
– —
1.3955 – 1776175200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –