$XRP/USDT 1D (Binance Futures) Descending trendline breakout
Ripple is ranging inside a big symmetrical triangle for a whole semester now, prepare for some action!
After that rejection on 200MA, retesting the 50MA then going toward upper-line is quite probable.
Current Price= 0.7239
Buy Entry = 0.6987 - 0.6435
Take Profit= 0.8066 | 0.9297 | 1.0718
Stop Loss= 0.5578
Risk/Reward= 1:1.2 | 1:2.28 | 1:3.54
Expected Profit= +20.19% | +38.53% | +59.71%
Possible Loss= -16.88%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 months
After that rejection on 200MA, retesting the 50MA then going toward upper-line is quite probable.
Current Price= 0.7239
Buy Entry = 0.6987 - 0.6435
Take Profit= 0.8066 | 0.9297 | 1.0718
Stop Loss= 0.5578
Risk/Reward= 1:1.2 | 1:2.28 | 1:3.54
Expected Profit= +20.19% | +38.53% | +59.71%
Possible Loss= -16.88%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 months
Handel aktiv:
First entry filled
Ripple dipping to the demand zone, it may go for 2nd entry before bouncing back, be patient!
Ripple dipping to the demand zone, it may go for 2nd entry before bouncing back, be patient!
Trade stängt: målet nått:
TP1 reached with +20.19% (1x) and +1.2R
Ripple bounced and reclaimed 200MA support, road to higher targets seems likely!
SL moved to 2nd entry (0.6435$) to secure the trade, let's be patient enough.
Ripple bounced and reclaimed 200MA support, road to higher targets seems likely!
SL moved to 2nd entry (0.6435$) to secure the trade, let's be patient enough.
Trade stängt: målet nått:
TP2 reached with +34.74% (1x) and +2.28R
Ripple continued the up-trend as expected, SL updated to first entry now (0.6987$).
Ripple continued the up-trend as expected, SL updated to first entry now (0.6987$).
Trade stängt: målet nått:
TP3 was reached with +57.33% (1x) and +3.54R
Ripple perfectly hit last target before starting to retrace down, that was precise!
Ripple perfectly hit last target before starting to retrace down, that was precise!
