$XRP/BTC 1h (Binance Spot) Bullish pennant on support
Updated
Ripple surely broke-out bullish on Low TF and seems to be forming a continuation pattern here, accumulating above 200MA.
If you know how to Margin trade manually, then you can lever that set-up (using up to 5x) since SL is quite tight!
Current Price= 0.00001773
Buy Entry= 0.00001770 - 0.00001748
Take Profit= 0.00001814 | 0.00001851 | 0.00001912
Stop Loss= 0.00001713
Risk/Reward= 1:1.2 | 1:2 | 1:3.33
Expected Profit= +3.13% | +5.23% | +8.70%
Possible Loss= -2.62%
Fib. Retracement= 0.618 | 1 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 5 days
If you know how to Margin trade manually, then you can lever that set-up (using up to 5x) since SL is quite tight!
Current Price= 0.00001773
Buy Entry= 0.00001770 - 0.00001748
Take Profit= 0.00001814 | 0.00001851 | 0.00001912
Stop Loss= 0.00001713
Risk/Reward= 1:1.2 | 1:2 | 1:3.33
Expected Profit= +3.13% | +5.23% | +8.70%
Possible Loss= -2.62%
Fib. Retracement= 0.618 | 1 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 5 days
Trade closed: target reached
TP3 reached with +8.70% (1x) and +3.33RThat's a wrap for Ripple, quick scalp in Spot bringing nice profit, up to +44.50% (5x) if you used leverage in Margin!
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