Everyone is staring at $XRP /USDT's range, but the 4H is quietly building a short that most will only see after it breaks.
$XRP - đą SHORT · Conf 75%
Trade Plan:
Entry: 1.3629 â 1.3665
SL: 1.4051
TP1: 1.3344
TP2: 1.3142
TP3: 1.2838
Why this setup?
Why now? The 1D may be stuck in a range, but on the 4H, the momentum has flipped in favor of sellers.
- The SHORT bias is active with a 75% confidence score, and the edge calculation is positive at 3.8.
- The current RSI on the 15m is at 52.94, showing a lack of bullish push right at our reference point of 1.3647.
- This is a trend-following setup on the 4H timeframe, meaning we are trading with the immediate momentum, not against it.
- The target structure is clear: TP1 at 1.3344, TP2 at 1.3142, with a stop loss at 1.4051 to cap the risk if the range wins.
Debate:
Will the 4H short drag $XRP down to TP2, or does the daily range trap the bears first?
Click here to view the chart đïž
â ïž Personal market analysis only. NFA â manage risk and DYOR.
$XRP - đą SHORT · Conf 75%
Trade Plan:
Entry: 1.3629 â 1.3665
SL: 1.4051
TP1: 1.3344
TP2: 1.3142
TP3: 1.2838
Why this setup?
Why now? The 1D may be stuck in a range, but on the 4H, the momentum has flipped in favor of sellers.
- The SHORT bias is active with a 75% confidence score, and the edge calculation is positive at 3.8.
- The current RSI on the 15m is at 52.94, showing a lack of bullish push right at our reference point of 1.3647.
- This is a trend-following setup on the 4H timeframe, meaning we are trading with the immediate momentum, not against it.
- The target structure is clear: TP1 at 1.3344, TP2 at 1.3142, with a stop loss at 1.4051 to cap the risk if the range wins.
Debate:
Will the 4H short drag $XRP down to TP2, or does the daily range trap the bears first?
Click here to view the chart đïž
â ïž Personal market analysis only. NFA â manage risk and DYOR.
