XRP/USDT 1m (Binance Futures) Descending channel breakout

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Ripple risky scalp on very low time frame.

Current Price= 0.05190
Buy Entry= 0.5092 - 0.5020
Take Profit= 0.5191 | 0.5341 | 0.5538
Stop Loss= 0.4919

Risk/Reward= 1:1 | 1:2.1 | 1:3.55
Expected Profit= +10.76% | +22.64% | +38.20%
Possible Loss= -10.76%

Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 4x
Estimated Gain-time= 12h

istantanea
Trade attivo
All entries filled and bounced

Go Ripple

istantanea
Trade chiuso: obiettivo raggiunto
TP1 reached with +10.76% (4x)

Nice to earn again after the loss at Ripple yesterday night.
SL at entry now and hold remaining position for higher targets!

istantanea
Trade chiuso: obiettivo raggiunto
TP2 reached with +22.64%, then TP3 with +38.20% (4x) 🎯

And that's a wrap, fast recovery for #Ripple, I'm glad I waited until it was clear enough to long again.
This is the reason why you shouldn't just BTFD when dropping, wait for reversal sign first is the way!

istantanea
rippleTrend Analysisxrp

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