15m Technical Markup for #XRP/USDT -
What's chart is showing:
Price: 1.2969 (-11.38%) | 24h Low: 1.2889
This is a classic Liquidity Sweep / Stop Hunt. Price pumped to 1.4598 then dumped hard with BOS (Break of Structure).
Key Levels Marked on Image:
1. SUPPORT ZONE: 1.2889 - 1.2974
• This is your current level. Daily Low + liquidity grab. RSI(6) = 11.18 extremely oversold. Strong bounce zone. • Liquidity Grab Confirmed
2. RESISTANCE 1: 1.3788 - 1.3833 (MA Confluence)
• SUPERTREND 1.3788 + EMA(25) 1.3739 + MA(25) 1.3833 all clustered here. First major supply.
3. RESISTANCE 2: 1.4113 - 1.4396 (High Wick Zone)
• MA(99) 1.4113 and BOLL UP 1.4396. The wick high from Sep 15. Final resistance.
4. BOS BREAKDOWN: ∼1.3650
• Where structure broke and triggered the dump.
5. LIQUIDITY SWEEP: Below 1.3100
• All sell stops below were taken before reversal. Trade Plan for VJ Analysis:
Best Entry Type: Counter-Trend Scalp Long
• BEST LONG ENTRY: 1.2900 - 1.3050
Reason: Oversold RSI + KDJ J: -1.87 + MACD extremely negative - Capitulation usually reverses here. Wait for bullish reversal candle (hammer / engulfing) on 15m above 1.3050. • Buy Confirmation: 15m close above 1.3050 • Take Profit 1: 1.3833 (Resistance 1 - MA confluence) = ∼6.5% profit • Take Profit 2: 1.4396 (Resistance 2 - Wick high) = ∼11% profit • Stop Loss: 1.2850 (Just below 1.2889 low) tight SL because liquidity already swept.
Trend: Bearish -> Potential Reversal. Don't long blindly, wait for bullish divergence on MACD/KDJ.
Want me to make same chart with short entry and bearish targets if support fails?#Xrp🔥🔥
Not financial advice.
What's chart is showing:
Price: 1.2969 (-11.38%) | 24h Low: 1.2889
This is a classic Liquidity Sweep / Stop Hunt. Price pumped to 1.4598 then dumped hard with BOS (Break of Structure).
Key Levels Marked on Image:
1. SUPPORT ZONE: 1.2889 - 1.2974
• This is your current level. Daily Low + liquidity grab. RSI(6) = 11.18 extremely oversold. Strong bounce zone. • Liquidity Grab Confirmed
2. RESISTANCE 1: 1.3788 - 1.3833 (MA Confluence)
• SUPERTREND 1.3788 + EMA(25) 1.3739 + MA(25) 1.3833 all clustered here. First major supply.
3. RESISTANCE 2: 1.4113 - 1.4396 (High Wick Zone)
• MA(99) 1.4113 and BOLL UP 1.4396. The wick high from Sep 15. Final resistance.
4. BOS BREAKDOWN: ∼1.3650
• Where structure broke and triggered the dump.
5. LIQUIDITY SWEEP: Below 1.3100
• All sell stops below were taken before reversal. Trade Plan for VJ Analysis:
Best Entry Type: Counter-Trend Scalp Long
• BEST LONG ENTRY: 1.2900 - 1.3050
Reason: Oversold RSI + KDJ J: -1.87 + MACD extremely negative - Capitulation usually reverses here. Wait for bullish reversal candle (hammer / engulfing) on 15m above 1.3050. • Buy Confirmation: 15m close above 1.3050 • Take Profit 1: 1.3833 (Resistance 1 - MA confluence) = ∼6.5% profit • Take Profit 2: 1.4396 (Resistance 2 - Wick high) = ∼11% profit • Stop Loss: 1.2850 (Just below 1.2889 low) tight SL because liquidity already swept.
Trend: Bearish -> Potential Reversal. Don't long blindly, wait for bullish divergence on MACD/KDJ.
Want me to make same chart with short entry and bearish targets if support fails?#Xrp🔥🔥
Not financial advice.
