XRP/USDT – 1H – BUY

The combination Ripple/Tether (XRP/USDT) goes from the ascending trendline up.

A continuation of the upward movement up to the next resistance at 1.1577 will continue.

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

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Three Outside Up’ chart pattern is found. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

1.1577 – 1.1376 – 1.1866 – 1.1261 – 1.1042 – 1.0884 —
1.132400000 – 1.134000000 —
47.862269626026 – 48.650809362733 —
– —
1.1577 – 1781276400

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –