XRP is leaning short on 4h and 1h trends.
đŽ SHORT $XRP /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 1.3069 â 1.3081
TP1: 1.2925 (-1.1%)
TP2: 1.2825 (-1.9%)
TP3: 1.2675 (-3.1%)
SL: 1.3275 (+1.5%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? What I checked: 5/12 agree, 0 against.
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
âą Sellers have the momentum (4h RSI 39.5)
Watch: The idea is wrong if price reaches the stop at 1.3275
Net read: The strongest support is the bearish stack on both the 4h and 1h trends, meaning the swing and short-term trends are both down. The main risk is the undecided daily trend, where price is below the EMA50 but the EMAs are not stacked.
Where do you set your invalidation for this short?
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 · Leaning
Entry: 1.3069 â 1.3081
TP1: 1.2925 (-1.1%)
TP2: 1.2825 (-1.9%)
TP3: 1.2675 (-3.1%)
SL: 1.3275 (+1.5%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.
Why SHORT? What I checked: 5/12 agree, 0 against.
âą 4h trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
âą Sellers have the momentum (4h RSI 39.5)
Watch: The idea is wrong if price reaches the stop at 1.3275
Net read: The strongest support is the bearish stack on both the 4h and 1h trends, meaning the swing and short-term trends are both down. The main risk is the undecided daily trend, where price is below the EMA50 but the EMAs are not stacked.
Where do you set your invalidation for this short?
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.