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