$XRP/BTC 3h (Binance Spot) Descending channel breakout
Updated
Ripple has broken out of that channel which seems to be a bullish flag, let's give it another chance!
Current Price= 0.00002468
Buy Entry= 0.00002430 - 0.00002346
Take Profit= 0.00002967 | 0.00003292 | 0.00003661
Stop Loss= 0.00002057
Risk/Reward= 1:1.75 | 1:2.73 | 1:3.85
Expected Profit= +24.25% | +37.86% | +53.31%
Possible Loss= -13.86%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Current Price= 0.00002468
Buy Entry= 0.00002430 - 0.00002346
Take Profit= 0.00002967 | 0.00003292 | 0.00003661
Stop Loss= 0.00002057
Risk/Reward= 1:1.75 | 1:2.73 | 1:3.85
Expected Profit= +24.25% | +37.86% | +53.31%
Possible Loss= -13.86%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Note
Went up for TP1 without usWe missed the entry for 6 sats with Ripple, that was very unfortunate, I hope some of you entered manually!
We will let that signal run since we could still get filled on a lucky wick down. 🤞🏼
Trade closed: target reached
🎯XXRP/BTC 4h: TP1 reached with +24.25% (1x) and +1.75RRipple pumping nicely again, way to go, road to TP2 now!
Trade closed: target reached
TP3 was reached with +53.31% (1x) and +3.85RGood thing we took total profit on time for Ripple, at least we got that one right 🙃
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.