XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 1.4626 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 1.4114 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Advance Block’ candlestick pattern is detected. The chart forms ‘Advance Block’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.5414 |
| 2nd High | 1.51 |
| Next High | 1.4626 |
| Current Price | 1.418600000 |
| Next Low | 1.4114 |
| 2nd Low | 1.4089 |
| 3rd Low | 1.3954 |
1.4626 – 1.4606 – 1.45 – 1.4114 – 1.4116 – 1.4195 —
1.421400000 – 1.417600000 —
35.179194733225 – 41.126962891108 —
– —
1.4626 – 1776866400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Advance Block – – –