XRP / TetherUS
Short
Updated

XRP Sell Limit ๐Ÿ˜Žโœ…๐Ÿ˜Žโœ…๐Ÿ˜Ž

3โ€ฏ720
Hi dear traders
XRP moving below 0.5 , and this area has been lost
Price has broken the structure.
I expect price fall to support area.
We can open short position and take some profit ๐Ÿ“ˆ in short term.
All targets specified
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Note
Tp 0.4883 hit ๐ŸŽฏ
Note
Tp 0.4809 hit ๐ŸŽฏ
Note
Tp 0.4716 ๐ŸŽฏ
Note
Tp 0.4625 hit ๐ŸŽฏ
Note
Hi dear traders
As you can see ,price go down to near first value area as we expected.
IF lost this area then price go down to second value area.
Save some profit now or when reach first value area.
Let's see what happens
snapshot
Trade closed: target reached
Full Target ๐ŸŽฏ๐Ÿค—
Now waiting for reacted to value area
Let's see what happens
Note
snapshot
Note
Hi dear traders
As you saw in the previous analysis, we took full profit
The price returned from the first value area and is now testing the resistance area near the 200 EMA.
Buyers in the second value zone are more willing to enter.
If the resistance zone is not broken, we can open a limit sell order and take profit in the short term.
Waiting for fake breakout
Let's see what happens
This is not financial advice ( DYOR )
snapshot
Note
Tp 0.4716 hit ๐ŸŽฏ
Note
Tp 0.4625 hit ๐ŸŽฏ
Save some profit now
Note
Tp 0.4547 hit ๐ŸŽฏ
Note
Hi dear traders
As expected, the price went down again to the first value area.
Now we are waiting for the reaction to return
Let's see what happens

snapshot
Note
Hello, dear traders
As you can see in the previous analysis, XRP bounced back from the first value area.
The 0.48 area is now resistance.
In the 3H timeframe we can see the bearish flag.
If the Pattern approve, we expect the price to drop to the first value area of 0.44 and then the second value area of 0.41.
Let's see what happens
This is not financial advice (DYOR).
Good luck
snapshot
Note
snapshot
Note
First value area hit ๐ŸŽฏ
Note
Pattern confirmed
Tp 0.4436 hit ๐ŸŽฏ
Tp 0.4345 hit๐ŸŽฏ
Note
Be careful for bounced from this area
snapshot
Note
snapshot
This channel is complete with support and resistance areas.
The next target is the first value area
Note
Tp 0.4436 hit๐ŸŽฏ
Note
Tp 0.4345 hit ๐ŸŽฏ
Note
Tp 0.4262 hit ๐ŸŽฏ
Note
Save some profit now
Note
Tp 0.4164 hit ๐ŸŽฏ
Note
Next target 0.41
Trade closed: target reached
Tp 0.41 hit ๐ŸŽฏ
Full Target
Good luck ๐Ÿค—
snapshot

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