Oct 9, 22:00 — same tape, three charts.
$PENDLE, $BCH and $XRP are all coiling into bear flags on the 1h after last night's flush. Same structure, same breakdown setup, just different tickers.
$PENDLE has the cleanest math: 1:3.98 RR. Break under 2.091, stop above 2.15, first target 2.00, stretch target 1.85. Yesterday's breakdown was real volume — 2.27 straight to 2.06 — and price has been flatlining in 2.08–2.13 since. Shrinking volume plus a tight range is the classic flag look.
$XRP's tape reads the most one-sided: 48.3% taker buy ratio, the lowest of the three. Entry 1.3801 under the flag's lower edge, stop 1.4102 above the breakdown origin. If it reclaims 1.41, the idea is dead.
$BCH is the same story in slower motion: two rounds of heavy breakdowns (297 to 280, then 280 to 268), now consolidating 273–281. Entry 273.5, stop 282.76, targets 260.9 and 239.9.
Three setups, one market regime. Don't stack all three — they're the same trade wearing different hats. Pick your favorite and keep size light.
Not financial advice.
#PENDLE #XRP #BCH #CryptoTrading
$PENDLE, $BCH and $XRP are all coiling into bear flags on the 1h after last night's flush. Same structure, same breakdown setup, just different tickers.
$PENDLE has the cleanest math: 1:3.98 RR. Break under 2.091, stop above 2.15, first target 2.00, stretch target 1.85. Yesterday's breakdown was real volume — 2.27 straight to 2.06 — and price has been flatlining in 2.08–2.13 since. Shrinking volume plus a tight range is the classic flag look.
$XRP's tape reads the most one-sided: 48.3% taker buy ratio, the lowest of the three. Entry 1.3801 under the flag's lower edge, stop 1.4102 above the breakdown origin. If it reclaims 1.41, the idea is dead.
$BCH is the same story in slower motion: two rounds of heavy breakdowns (297 to 280, then 280 to 268), now consolidating 273–281. Entry 273.5, stop 282.76, targets 260.9 and 239.9.
Three setups, one market regime. Don't stack all three — they're the same trade wearing different hats. Pick your favorite and keep size light.
Not financial advice.
#PENDLE #XRP #BCH #CryptoTrading