$XRP - 1h Trade Setup - WAIT, breakout pushing through a 2-touch top
Verdict: WAIT. Breakout printing above box high 1.3105 on rising volume, RSI 60.4, no 1h close + retest yet.
The box (last 20 closed 1h bars):
HIGH 1.3105 (2 touches)
MID 1.2981 (magnet, above 21EMA 1.3004)
LOW 1.2857 (1 touch)
The plan (long only, trigger first):
Entry 1.3114 (retest holds above high + buffer)
Stop 1.3060 (1h close back below = failed break)
TP1 1.3200 (+1x ATR ext, ~1.6R)
TP2 1.3286 (+2x ATR ext, ~3.2R)
Invalidation: 1h close below 1.3060 = cut. BTC breaking out above 82.2k box high, live 82.9k, alt tailwind. Funding flat 0.0027%. Patience over prediction. #write2earn
Reply with your coin you want analysis on.
Verdict: WAIT. Breakout printing above box high 1.3105 on rising volume, RSI 60.4, no 1h close + retest yet.
The box (last 20 closed 1h bars):
HIGH 1.3105 (2 touches)
MID 1.2981 (magnet, above 21EMA 1.3004)
LOW 1.2857 (1 touch)
The plan (long only, trigger first):
Entry 1.3114 (retest holds above high + buffer)
Stop 1.3060 (1h close back below = failed break)
TP1 1.3200 (+1x ATR ext, ~1.6R)
TP2 1.3286 (+2x ATR ext, ~3.2R)
Invalidation: 1h close below 1.3060 = cut. BTC breaking out above 82.2k box high, live 82.9k, alt tailwind. Funding flat 0.0027%. Patience over prediction. #write2earn
Reply with your coin you want analysis on.