🎯 Radar setup
$XRP — SHORT (sell limit) | H1 timeframe
📍 Entry: 1.1722 (1.21% from the current price)
🛑 SL: 1.1872 (-1.27%)
✅ TP1: 1.1573 | TP2: 1.1424
⏳ Limit order valid for 12h; cancel if not filled.
$XRP is down about 2.9% in 24h, with volume around USD 538 million, so liquidity is quite strong. On H1, the price is below EMA50 and EMA20, and the structure is tilted to the downside.
The price has just moved about 1.41 ATR away from EMA20, so it may be a bit exhausted if you chase it now. I’ll wait for a pullback to EMA20 before entering SHORT with a sell limit, rather than selling into the move. If the price doesn’t pull back to that area, I’ll skip it and won’t force an entry.
Invalidation scenario: if the price rebounds and hits the SL, the H1 trend may have broken down. In that case, close the trade according to plan; don’t hold on or move the SL.
Are you watching
$XRP based on EMA20 or another support/resistance area?
📊 Results for all Radar setups are shared publicly, whether they win or lose, with a summary posted every evening.
⚠️ This setup is for reference based on technical rules and is not investment advice. Manage your own capital and risk.
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