The pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 1.153 will continue.
Caution: A possible counter-trend in the direction of the support line at 1.1275 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1825 |
| 2nd High | 1.1548 |
| Next High | 1.153 |
| Current Price | 1.149300000 |
| Next Low | 1.1275 |
| 2nd Low | 1.1187 |
| 3rd Low | 1.1042 |
1.144 – 1.153 – 1.1548 – 1.1275 – 1.1187 – 1.1329 —
1.142800000 – 1.144400000 —
54.881730461562 – 61.587237423299 —
– —
1.144 – 1781875800
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –