Long $XRP : 1.216–1.219 is the line buyers have to hold on the 4H.
Price sits at 1.22 with the 4H EMA50 up at 1.27, so this is a bounce try under the trend. I want to see 1.216 hold. Lose 1.19 and the idea is done.
On the chart:
- 4H price 1.22 under EMA50 at 1.27, bounce attempt, so the stop matters
- Risk 2.7% to SL against 4.3% to TP3, about 1.6R if it runs
- 1H RSI 30, cooled off and there's room to run
🟢 LONG
Entry: 1.216–1.219
TP: 1.237 / 1.250 / 1.270
SL: 1.185
Does 1.216 hold, or do we flush to 1.19?
NFA, DYOR.
Price sits at 1.22 with the 4H EMA50 up at 1.27, so this is a bounce try under the trend. I want to see 1.216 hold. Lose 1.19 and the idea is done.
On the chart:
- 4H price 1.22 under EMA50 at 1.27, bounce attempt, so the stop matters
- Risk 2.7% to SL against 4.3% to TP3, about 1.6R if it runs
- 1H RSI 30, cooled off and there's room to run
🟢 LONG
Entry: 1.216–1.219
TP: 1.237 / 1.250 / 1.270
SL: 1.185
Does 1.216 hold, or do we flush to 1.19?
NFA, DYOR.
