Ripple has broken down the local support 0.457 USD. Let's wait confirmation on the 1-hour timeframe to open SHORT position.
Entry 0.45-0.457 USD Take profit 0.436-0.387 USD Stop loss 0.491 USD
Nota
The Ripple's breakout below the 0.457 USD level has been confirmed.
Two take profit targets were reached: target 1 - 0.436 USD target 2 - 0.42 USD
Two more targets are pending: target 3 - 0.40 USD target 4 - 0.39 USD (corrected)
Trade chiuso: stop raggiunto
At the moment Ripple didn't want to go further down. It stopped and reversed at 0.42 USD level which I suppose the pivot point and the new local support. This night XRP made another sharp jump from 0.43 to 0.51 (+18% in 3 hours) and fixed at 0.48-0.49 USD level now.
Two take profit targets (1&2) were reached. Two pending targets (3&4) weren't achieved. Position has been closed with the stop loss at 0.462 USD level. Totally, we get small profit from this trade.
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