๐ฏ $XRP : WHEN PATIENCE AND TECHNICAL ANALYSIS PAY OFF ๐๐ฅ
A few hours ago, we shared our analysis of $XRP
: patience during consolidation, confirmation at the 15m Fibonacci retracement, and the golden rule: wait for the 4H candle to close above the key zone.
๐ STRATEGY RESULTS:
1๏ธโฃ Entry and Absorption: An Isolated LONG 5x trade was executed in the $1.3467 USDT zone.
2๏ธโฃ Structure Confirmation: The 4H candle broke through the resistance block (red box) with its body, and the price surged to a high of $1.3878 USDT.
3๏ธโฃ Performance: The position is running at +14.73% ROI, reaching the first liquidity target identified in the previous analysis.
Trading with a defined plan takes emotions out of the equation: we knew exactly where the setup would be invalidated and where we needed to wait for confirmation of buyer strength.
With the price testing the $1.38 - $1.39 USDT zone:
๐ข A) Take partial profits and move the Stop Loss to Breakeven ($1.3467).
๐ B) Let the position run toward the next target block at $1.41 - $1.45 USDT.
Leave your thoughts in the comments and tell me if you joined this move in $XRP
A few hours ago, we shared our analysis of $XRP
: patience during consolidation, confirmation at the 15m Fibonacci retracement, and the golden rule: wait for the 4H candle to close above the key zone.
๐ STRATEGY RESULTS:
1๏ธโฃ Entry and Absorption: An Isolated LONG 5x trade was executed in the $1.3467 USDT zone.
2๏ธโฃ Structure Confirmation: The 4H candle broke through the resistance block (red box) with its body, and the price surged to a high of $1.3878 USDT.
3๏ธโฃ Performance: The position is running at +14.73% ROI, reaching the first liquidity target identified in the previous analysis.
Trading with a defined plan takes emotions out of the equation: we knew exactly where the setup would be invalidated and where we needed to wait for confirmation of buyer strength.
With the price testing the $1.38 - $1.39 USDT zone:
๐ข A) Take partial profits and move the Stop Loss to Breakeven ($1.3467).
๐ B) Let the position run toward the next target block at $1.41 - $1.45 USDT.
Leave your thoughts in the comments and tell me if you joined this move in $XRP