XRP keeps falling even though the bounce looked promising.
š“ SHORT $XRP /USDT: expecting price to go DOWN
Bias: SHORT Ā· Strong
Entry: 1.3971 ā 1.3983
TP1: 1.3875 (-0.7%)
TP2: 1.3808 (-1.2%)
TP3: 1.3706 (-1.9%)
SL: 1.4112 (+1.0%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? Strong call, 6/12 signals agree, 1 against, 5 undecided.
ā¢ 4h trend: price < EMA50 < EMA200, bearish stack ā the swing trend is down
ā¢ 1h trend: price < EMA50 < EMA200, bearish stack ā the short-term trend is down
ā¢ Trend strength (ADX/DI, 15m): ADX 21.1 with sellers in control (DI+ 11.5 vs DIā 30.7) ā sellers are driving the move
Risk: RSI extreme in a range: RSI z-score ā3.04 in a range, bounce setup ā bottom of a range, buyers often step in
Q: Why are we short when the daily trend is a range?
A: The 4h trend is down, price below both EMAs, sellers are driving the move.
Q: What if the RSI bottom in a range triggers a bounce?
A: The 1h RSI is 48.6, neutral zone, momentum is undecided, not stretched.
What level would make you take the opposite side of this trade?
Chart with every level below.
š² Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
ā ļø Personal market analysis only. NFA ā manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
š“ SHORT $XRP /USDT: expecting price to go DOWN
Bias: SHORT Ā· Strong
Entry: 1.3971 ā 1.3983
TP1: 1.3875 (-0.7%)
TP2: 1.3808 (-1.2%)
TP3: 1.3706 (-1.9%)
SL: 1.4112 (+1.0%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? Strong call, 6/12 signals agree, 1 against, 5 undecided.
ā¢ 4h trend: price < EMA50 < EMA200, bearish stack ā the swing trend is down
ā¢ 1h trend: price < EMA50 < EMA200, bearish stack ā the short-term trend is down
ā¢ Trend strength (ADX/DI, 15m): ADX 21.1 with sellers in control (DI+ 11.5 vs DIā 30.7) ā sellers are driving the move
Risk: RSI extreme in a range: RSI z-score ā3.04 in a range, bounce setup ā bottom of a range, buyers often step in
Q: Why are we short when the daily trend is a range?
A: The 4h trend is down, price below both EMAs, sellers are driving the move.
Q: What if the RSI bottom in a range triggers a bounce?
A: The 1h RSI is 48.6, neutral zone, momentum is undecided, not stretched.
What level would make you take the opposite side of this trade?
Chart with every level below.
š² Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
ā ļø Personal market analysis only. NFA ā manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
