XRP/USDT – 1H – BUY

The combination Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.

A continuation of the upward movement up to the next resistance line at 1.4209 will persist.

Caution: A possible counter-trend in the direction of support at 1.3901 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Hammer’ candlestick pattern is found. The candles form ‘Hammer’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).

1.4209 – 1.4003 – 1.3999 – 1.3901 – 1.3829 – 1.3814 —
1.418100000 – 1.424400000 —
64.236219776948 – 65.242412226817 —
– —
1.4209 – 1777867200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Hammer – Rising Wedge Chart Pattern – –