XRP/USDT – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.4758242 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 1.447 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.5414 |
| 2nd High | 1.51 |
| Next High | 1.447 |
| Current Price | 1.437000000 |
| Next Low | 1.3909 |
| 2nd Low | 1.3503 |
| 3rd Low | 1.3193 |
1.4369 – 1.447 – 1.51 – 1.3909 – 1.4235 – 1.3928 —
1.432800000 – 1.428700000 —
55.907275455375 – 54.096558880468 —
– —
1.4369 – 1776708000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –