TradingOn

$XRP/USDT 2h (Binance Futures) Ascending triangle breakdown

Short
TradingOn Updated   
BINANCE:XRPUSDT.P   XRP / TetherUS PERPETUAL CONTRACT
#Ripple is not looking good after that break and retest, worth a try for a scalp.
Also Grayscale selling their bag and all the Exchange delisting for U.S. customers aren't helping to go up!

Current Price= 0.2291
Buy Entry= 0.2274 - 0.2354
Take Profit= 0.2120 | 0.1874 | 0.1710
Stop Loss= 0.2508

Risk/Reward= 1:1 | 1:2.27 | 1:3.11
Expected Profit= +8.38% | +19.01% | +26.10%
Possible Loss= -8.38%

Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 120h
Trade closed: stop reached:
Stopped out with -8.38% (1x)

Seems like #Ripple had another plan, I would be careful shorting with all that bullishness going on.


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