XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance at 1.4326 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 1.3954 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Outside Up’ candle pattern is existing. The candles show ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51 |
| 2nd High | 1.447 |
| Next High | 1.4326 |
| Current Price | 1.432400000 |
| Next Low | 1.3954 |
| 2nd Low | 1.3909 |
| 3rd Low | 1.3503 |
1.4326 – 1.447 – 1.4431 – 1.3954 – 1.3909 – 1.4131 —
1.431600000 – 1.429500000 —
60.802062902637 – 55.182518350171 —
– —
1.4326 – 1776668400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –