XRPUSDT
Retraces back to 1.4235. After 1 minute, if it doesn’t break below the level and a bullish candle appears again, you can go long.
Planned setup roughly:
Entry: 1.4235–1.4250
Stop loss: around 1.4180
TP1: 1.4300
TP2: 1.4370
TP3: 1.4450
If XRP breaks below 1.4150, the long order plan should be canceled.
In addition, today’s macro event risk is relatively high. BTC is also currently within event windows such as the upcoming Fed decision and U.S. crypto legislation, so in the short term it’s easy for quick wicks/pin-pricks to occur.
Retraces back to 1.4235. After 1 minute, if it doesn’t break below the level and a bullish candle appears again, you can go long.
Planned setup roughly:
Entry: 1.4235–1.4250
Stop loss: around 1.4180
TP1: 1.4300
TP2: 1.4370
TP3: 1.4450
If XRP breaks below 1.4150, the long order plan should be canceled.
In addition, today’s macro event risk is relatively high. BTC is also currently within event windows such as the upcoming Fed decision and U.S. crypto legislation, so in the short term it’s easy for quick wicks/pin-pricks to occur.