XRP breakout

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Ripple broke the (red) major downtrendline (click the idea below to see it the whole downtrendline)
XRP: DO or DIE

...and then consolidated in form of triangle. Recently it broke up out of this triangle📐 and I think there is chance for run to 0.6330 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
  • ENTRY: local high @ 0.5063
  • STOPLOSS (SL): local low @ 0.4800
  • TARGET (TP): height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 0.6330
  • REWARD RISK RATIO (RRR): 4.8
  • INVALIDATION: when SL level hit


Check my other stuff in related ideas.

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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Trade ist aktiv
Order filled ✔️
Trade geschlossen: Stop wurde erreicht
Stoploss hit.🛑 Monitoring further - we may get bigger triangle later.
Chart PatternsrippleTrend AnalysisxrpXRPBTCXRPBUSDXRPETHXRPEURxrpusdXRPUSDCXRPUSDT

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