$XRP/USDT 4h (#Bybit) Ascending trendline retest
Updated
Ripple pulled back to demand zone where we expect another rejection short-term.
⚡️⚡️ #XRP/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.0X)
Amount: 10.8%
Current Price:
0.4865
Entry Zone:
0.4998 - 0.5258
Take-Profit Targets:
1) 0.4559
2) 0.4130
3) 0.3702
Stop Targets:
1) 0.5604
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +22.20% | +48.92% | +55.82%
Possible Loss= -18.56%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 1-2 weeks
⚡️⚡️ #XRP/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.0X)
Amount: 10.8%
Current Price:
0.4865
Entry Zone:
0.4998 - 0.5258
Take-Profit Targets:
1) 0.4559
2) 0.4130
3) 0.3702
Stop Targets:
1) 0.5604
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +22.20% | +48.92% | +55.82%
Possible Loss= -18.56%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 1-2 weeks
Note
TP1 hit but no entry, expecting a bounce on 100EMA nowNote
Bounced back exactly on 100EMA and almost got us filled, lower targets are still in play!Trade active
All entries filledRipple pushed higher and this time hit our supply zone, seems likely to be rejected on that TL.
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