$XRP - SHORT lining up (x20)
The whole $XRP short idea rests on BTC dragging the wider market the same way down.
BTC is trending down too, so that shared move is the weight behind my short. The entry zone is still 0.3% above price, so nothing has triggered yet.
Setup:
Entry: 1.11–1.12
TP1: 1.1
TP2: 1.08
TP3: 1.07
SL: 1.13
Price move: stop -1.4% · first target +1.6% · last target +4.2%
Signal strength: LONG 0 · SHORT 75
🔴 For short: 4-hour trend down, 1-hour agrees, price below its averages
🟢 For long: nothing yet
Why not in yet: price already ran, no chasing
Wrong if: price closes above 1.13
⚠️ Personal market insight, not investment advice. DYOR.
The whole $XRP short idea rests on BTC dragging the wider market the same way down.
BTC is trending down too, so that shared move is the weight behind my short. The entry zone is still 0.3% above price, so nothing has triggered yet.
Setup:
Entry: 1.11–1.12
TP1: 1.1
TP2: 1.08
TP3: 1.07
SL: 1.13
Price move: stop -1.4% · first target +1.6% · last target +4.2%
Signal strength: LONG 0 · SHORT 75
🔴 For short: 4-hour trend down, 1-hour agrees, price below its averages
🟢 For long: nothing yet
Why not in yet: price already ran, no chasing
Wrong if: price closes above 1.13
⚠️ Personal market insight, not investment advice. DYOR.
