XRP keeps falling even though the bounce looked promising.
đŽ SHORT $XRP /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 1.3971 â 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.
âą 4h trend: price < EMA50 < EMA200, bearish stack â the swing trend is down
âą 1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
âą Trend strength (ADX/DI, 15m): ADX 21.1 with sellers in control (DI+ 11.5 vs DIâ 30.7) â sellers are driving the move
Risk: RSI extreme in a range: RSI z-score â3.04 in a range, bounce setup â 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.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â 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.
đŽ SHORT $XRP /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 1.3971 â 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.
âą 4h trend: price < EMA50 < EMA200, bearish stack â the swing trend is down
âą 1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
âą Trend strength (ADX/DI, 15m): ADX 21.1 with sellers in control (DI+ 11.5 vs DIâ 30.7) â sellers are driving the move
Risk: RSI extreme in a range: RSI z-score â3.04 in a range, bounce setup â 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.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â 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.