XRPUSDT BUY/LONG
For Spot and Futures Traders
Entry - $0.79 - $0.84
Tp1 - $1.14
Tp2 - $1.30
Tp3 - $1.45
Tp4 - $1.70
Tp5 - $1.80
Stop loss - $0.62
Choose your leverage
Apply risk management
As we all know that when there's a breakout from a zone, there will always be a pull back.
Also, we know that once price is within a descending triangle, price will surely breakout from the triangle.
These two scenarios are currently existing on the chart. All we need is a price rejection from the zone for us to go long.
Let's go through this together. We can all see that price broke out the supply zone at $0.78615 then went straight up to $1.90 and is currently in a downtrend back to $0.78615 where it broke out. Thereafter, we expect a bullish movement if we get a reversal candle.
Also, price is currently in a descending triangle. I expect it to breakout and go long.
These two possible moves are what I feel will make the price go back to $1.90 and upward thereafter.
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Also, kindly cheer me with coins if you like my work.
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Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
For Spot and Futures Traders
Entry - $0.79 - $0.84
Tp1 - $1.14
Tp2 - $1.30
Tp3 - $1.45
Tp4 - $1.70
Tp5 - $1.80
Stop loss - $0.62
Choose your leverage
Apply risk management
As we all know that when there's a breakout from a zone, there will always be a pull back.
Also, we know that once price is within a descending triangle, price will surely breakout from the triangle.
These two scenarios are currently existing on the chart. All we need is a price rejection from the zone for us to go long.
Let's go through this together. We can all see that price broke out the supply zone at $0.78615 then went straight up to $1.90 and is currently in a downtrend back to $0.78615 where it broke out. Thereafter, we expect a bullish movement if we get a reversal candle.
Also, price is currently in a descending triangle. I expect it to breakout and go long.
These two possible moves are what I feel will make the price go back to $1.90 and upward thereafter.
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Also, kindly cheer me with coins if you like my work.
Follow me to receive more updates on this pair🤙
Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹