XRP/USDT – 30M – BUY

The pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards

A bullish trend up to the next resistance at 1.1551 will persist.

Caution: A possible counter-trend in the direction of the support level at 1.1275 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.

Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.1473104 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.1551 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Three Outside Up’ candlestick pattern is detected. The candles form ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.1551 – 1.144 – 1.153 – 1.1275 – 1.1187 – 1.1329 —
1.150200000 – 1.141300000 —
60.375079314174 – 38.468704014165 —
– —
1.1551 – 1781931600

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