$XRP/USDT 4h (#Bybit) Rising wedge breakdown & pullback

Ripple seems to be done with local up-trend and could retrace down to 200MA after that bearish retest.

⚡️⚡️ #XRP/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 6.7%

Current Price:
0.4072

Entry Targets:
1) 0.4153

Take-Profit Targets:
1) 0.3780

Stop Targets:
1) 0.4402

Published By: @TradingOn

Risk/Reward= 1:1.5
Expected Profit= +44.9%
Possible Loss= -30.0%

Trade active:

Entry filled

Ripple went for our patient entry yesterday night, let's see if we'll get the correction we expect.

Trade closed: target reached:

TP reached with +44.9% (5x) & +1.5R

Ripple got rejected and made it to our target, TA was right on point 🎯

$XRP #XRPUSDT #XrpLedger