XRP/USDT – 4H – BUY

The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards

An ascent upwards to the next resistance at 1.1193 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.022 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.1468286 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.1193 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

1.1193 – 1.1843 – 1.0768 – 1.0694 – 1.022 – 1.0092 —
1.081700000 – 1.073000000 —
40.374613873983 – 40.095184779592 —
– —
1.1193 – 1783785600

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –