Buy XRP/USDT – 30M – BUY

The currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.

An ascending movement upwards to the next resistance line at 1.4222 is expected.

Caution: A possible counter-trend in the direction of the support zone at 1.4073 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Next a ‘Three Outside Up’ candlestick chart pattern is existing. The chart forms ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 1.4503
2nd High 1.4466
Next High 1.4222
Current Price 1.424500000
Next Low 1.4073
2nd Low 1.3901
3rd Low 1.3829

1.4222 – 1.4206 – 1.41 – 1.4073 – 1.3901 – 1.3929 —
1.419600000 – 1.420600000 —
60.871695513526 – 54.870007101643 —
– —
1.4222 – 1778014800

Trading Signals:

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