🔰 $XRP /USDT💹
⚠️ Almost a year of compression. The decision is now.
$XRP is trading at $1.0205, exactly at the tip of a massive descending triangle that has been forming since last September.
When price reaches the tip of a structure like this, the move that follows is usually explosive. The question isn’t whether it will move. It’s which direction.
The two scenarios:
🟢 If it breaks above $1.1300:
The path to $1.3000 and $1.4200 opens up quickly. A descending triangle breakout with volume can be violently bullish.
🔴 If it loses $0.9900:
New lows open up that the market hasn’t seen in a long time. There’s no clear structural support below that level.
The structured trade:
☑️ LONG Entry: confirmed breakout above $1.1300 with a candle close and volume.
🎯 TP1: $1.3000
🎯 TP2: $1.4200
❌ Stop Loss: $1.0500
☑️ SHORT Entry: confirmed loss of $0.9900 with a daily close.
🎯 TP1: $0.8500
❌ Stop Loss: $1.0600
Don’t anticipate. Wait for confirmation.
A year of compression generates accumulated energy in both directions. Entering before the breakout is a bet, not a trade.
This is not financial advice. Always have a stop loss before entering.
#xrp #Ripple #BİNANCE #trading #CriptomonedasLATAM
Do you see a bullish breakout or do you think $XRP will break to the downside? 👇 Follow me for the alert when it confirms. 🔔
⚠️ Almost a year of compression. The decision is now.
$XRP is trading at $1.0205, exactly at the tip of a massive descending triangle that has been forming since last September.
When price reaches the tip of a structure like this, the move that follows is usually explosive. The question isn’t whether it will move. It’s which direction.
The two scenarios:
🟢 If it breaks above $1.1300:
The path to $1.3000 and $1.4200 opens up quickly. A descending triangle breakout with volume can be violently bullish.
🔴 If it loses $0.9900:
New lows open up that the market hasn’t seen in a long time. There’s no clear structural support below that level.
The structured trade:
☑️ LONG Entry: confirmed breakout above $1.1300 with a candle close and volume.
🎯 TP1: $1.3000
🎯 TP2: $1.4200
❌ Stop Loss: $1.0500
☑️ SHORT Entry: confirmed loss of $0.9900 with a daily close.
🎯 TP1: $0.8500
❌ Stop Loss: $1.0600
Don’t anticipate. Wait for confirmation.
A year of compression generates accumulated energy in both directions. Entering before the breakout is a bet, not a trade.
This is not financial advice. Always have a stop loss before entering.
#xrp #Ripple #BİNANCE #trading #CriptomonedasLATAM
Do you see a bullish breakout or do you think $XRP will break to the downside? 👇 Follow me for the alert when it confirms. 🔔
Long
Short
1 day(s) left