$XRP/USDT 4h (#Bybit) Ascending trendline retest

Ripple pulled back to demand zone where we expect another rejection short-term.

⚡️⚡️ #XRP/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.0X)
Amount: 10.8%

Current Price:
0.4865

Entry Zone:
0.4998 - 0.5258

Take-Profit Targets:
1) 0.4559
2) 0.4130
3) 0.3702

Stop Targets:
1) 0.5604

Published By: @TradingOn

Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +22.20% | +48.92% | +55.82%
Possible Loss= -18.56%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 1-2 weeks

Comment:

TP1 hit but no entry, expecting a bounce on 100EMA now

Comment:

Bounced back exactly on 100EMA and almost got us filled, lower targets are still in play!

Trade active:

All entries filled

Ripple pushed higher and this time hit our supply zone, seems likely to be rejected on that TL.