XRP/USDT 3h (Binance Fut) Symmetrical triangle breakout & retest
Ripple looks bullish again, 100EMA seems to be supporting the uptrend, let's give it another try.
Current Price= 0.6177
Buy Entry= 0.6048 - 0.5568
Take Profit= 0.6978 | 0.7837 | 0.9083
Stop Loss= 0.4970
Risk/Reward= 1:1.4 | 1:2.46 | 1:3.91
Expected Profit= +20.14% | +34.93% | +856.39%
Possible Loss= -14.43%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 240h
Current Price= 0.6177
Buy Entry= 0.6048 - 0.5568
Take Profit= 0.6978 | 0.7837 | 0.9083
Stop Loss= 0.4970
Risk/Reward= 1:1.4 | 1:2.46 | 1:3.91
Expected Profit= +20.14% | +34.93% | +856.39%
Possible Loss= -14.43%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 240h
Trade active:
First entry filled
Ripple pulled back as expected, it could even go for second entry, but if not we are already in!
Ripple pulled back as expected, it could even go for second entry, but if not we are already in!
Comment:
Reacted well so far
Ripple is taking more time than expected but targets still seem quite reachable, as soon as TL breaks-out.
I doubled the gain-time (480h) so we don't close on original time-out.
Ripple is taking more time than expected but targets still seem quite reachable, as soon as TL breaks-out.
I doubled the gain-time (480h) so we don't close on original time-out.
Ripple went for 100EMA retest and PC bot just added to the position 🤞🏼