GISTRADINGLLC

XRP Trade Update: (Risky-Scalp)

Long
BINANCE:XRPUSDT   XRP / TetherUS
Long Entry: Now or as close to $0.4800

SL: $0.4580

B/E Move: When it moves close to TP2

TP 1: $0.4925 (Close 30%)
TP 2: $0.5010 (Close 25%)
TP 3: $0.5145 (Close 25%)
TP 4: $0.5339 (Close remaining 20%)

⚠️ XRP is having a Doji breakout and it should push higher though positiveness from Bitcoin will be welcome or more choppy price action will lead the market.

The falling wedge breakout will add some bullishness to the trade.

🚨 A dip to the red circle zone can happen but not required. Do not take huge risks, this is a little bit of early trade.

**Disclaimer: Past profits do not guarantee future results. Only risk 1% to 3% of your account.

Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.

EDK FORUM TRADING®
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.