$XRP/BTC 12h (#BinanceSpot) Falling wedge breakout and retest
Updated
Ripple regained 100EMA support and looks ready for bullish continuation after a last pull-back.
Current Price= 0.00001905
Buy Entry= 0.00001867 - 0.00001815
Take Profit= 0.00002030 | 0.00002172 | 0.00002314
Stop Loss= 0.00001699
Risk/Reward= 1:1.33 | 1:2.33 | 1:3.33
Expected Profit= +10.27% | +17.98% | +25.70%
Possible Loss= -7.71%
Fib. Retracement= 0.786 | 1.117 | 1.414
Margin Leverage= 1x | 2x | 3x
Estimated Gain-time= 1.5 months
Tags: #XRP #XRPBTC #RippleNet #XRPL #XrpLedger #Blockchain #Enterprise #BSC #BC
Website: xrpl.org
Current Price= 0.00001905
Buy Entry= 0.00001867 - 0.00001815
Take Profit= 0.00002030 | 0.00002172 | 0.00002314
Stop Loss= 0.00001699
Risk/Reward= 1:1.33 | 1:2.33 | 1:3.33
Expected Profit= +10.27% | +17.98% | +25.70%
Possible Loss= -7.71%
Fib. Retracement= 0.786 | 1.117 | 1.414
Margin Leverage= 1x | 2x | 3x
Estimated Gain-time= 1.5 months
Tags: #XRP #XRPBTC #RippleNet #XRPL #XrpLedger #Blockchain #Enterprise #BSC #BC
Website: xrpl.org
Trade active
First entry filledRipple is pulling back towards 100EMA as planned so far, waiting for other entries before the bounce.
Trade active
Second & third entries filled#Ripple went for 200MA restest before bouncing back, now facing 50MA, let's hope it wil break it!
Trade closed: target reached
TP1 reached with +10.27% and +1.33RRipple pumped nicely after retesting the wedge support, almost hitting 2nd target!
Now pulling back to 50MA where we expect a bounce back, SL adjusted to last entry anyway (0.00001815)
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