📈 🚀
🔹 Asset: XRP/USD
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Reversal
📌 Trade Plan (Long Position)
✅ Entry: Above $2.05 (Breakout Confirmation)
✅ Stop-Loss: Below $1.90 (Break of Support)
🎯 Targets:
📌 TP1: $2.21 (First Resistance Level)
📌 TP2: $2.40 (Extended Bullish Move)
📊 Risk-Reward Ratio
📈 Risk: $2.05 - $1.90 = $0.15 per XRP
📈 Reward:
✔ TP1: 1:1 R/R
✔ TP2: 1:2.3 R/R
🔍 Technical Analysis
📌 Falling Wedge Breakout – Bullish pattern forming.
📌 Reversal Signal – XRP reclaiming support & pushing higher.
📌 Breakout Confirmation – Strong candle close above $2.05 signals further upside.
📉 Risk Management
📊 Confirm Volume – Strong buying pressure above $2.05 before entering.
📈 Trailing Stop – Move SL to entry after TP1 ($2.21).
💰 Partial Profits – Take 50% at $2.21, let the rest run to $2.40.
🚀 Trade smart, follow the plan & manage risk! 🔥 #XRP #CryptoTrading #XRPUSD #BreakoutTrade #CryptoSignals
🔹 Asset: XRP/USD
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Reversal
📌 Trade Plan (Long Position)
✅ Entry: Above $2.05 (Breakout Confirmation)
✅ Stop-Loss: Below $1.90 (Break of Support)
🎯 Targets:
📌 TP1: $2.21 (First Resistance Level)
📌 TP2: $2.40 (Extended Bullish Move)
📊 Risk-Reward Ratio
📈 Risk: $2.05 - $1.90 = $0.15 per XRP
📈 Reward:
✔ TP1: 1:1 R/R
✔ TP2: 1:2.3 R/R
🔍 Technical Analysis
📌 Falling Wedge Breakout – Bullish pattern forming.
📌 Reversal Signal – XRP reclaiming support & pushing higher.
📌 Breakout Confirmation – Strong candle close above $2.05 signals further upside.
📉 Risk Management
📊 Confirm Volume – Strong buying pressure above $2.05 before entering.
📈 Trailing Stop – Move SL to entry after TP1 ($2.21).
💰 Partial Profits – Take 50% at $2.21, let the rest run to $2.40.
🚀 Trade smart, follow the plan & manage risk! 🔥 #XRP #CryptoTrading #XRPUSD #BreakoutTrade #CryptoSignals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.