XRP is extending below its 1h average with sellers in control.
đŽ SHORT $XRP /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 1.3060 â 1.3110
TP1: 1.2705 (-2.9%)
TP2: 1.2451 (-4.8%)
TP3: 1.2071 (-7.7%)
SL: 1.3592 (+3.9%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? 7/12 signals agree, 1 against.
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
âą Sellers are driving the move (15m ADX 25.6)
Risk: Far below its average, bounce likely (â3.2 ATR from 1h EMA50)
Trade note: XRP
I'm watching XRP from the short side, the 1h trend is down with price below both EMAs. The ADX shows sellers are driving the move with a DI difference of over 21 points, and BTC is falling with a 0.89 correlation. I want to see XRP respect the invalidation level at 1.3592 before adding.
Where would you place your invalidation for this setup?
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: 1.3060 â 1.3110
TP1: 1.2705 (-2.9%)
TP2: 1.2451 (-4.8%)
TP3: 1.2071 (-7.7%)
SL: 1.3592 (+3.9%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? 7/12 signals agree, 1 against.
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
âą Sellers are driving the move (15m ADX 25.6)
Risk: Far below its average, bounce likely (â3.2 ATR from 1h EMA50)
Trade note: XRP
I'm watching XRP from the short side, the 1h trend is down with price below both EMAs. The ADX shows sellers are driving the move with a DI difference of over 21 points, and BTC is falling with a 0.89 correlation. I want to see XRP respect the invalidation level at 1.3592 before adding.
Where would you place your invalidation for this setup?
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.