XRP/USDT 3h (Binance Fut) Symmetrical triangle breakout & retest

1 בדצמ׳ 2020

Ripple looks bullish again, 100EMA seems to be supporting the uptrend, let's give it another try.

Current Price= 0.6177
Buy Entry= 0.6048 - 0.5568
Take Profit= 0.6978 | 0.7837 | 0.9083
Stop Loss= 0.4970

Risk/Reward= 1:1.4 | 1:2.46 | 1:3.91
Expected Profit= +20.14% | +34.93% | +856.39%
Possible Loss= -14.43%

Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 240h

6 בדצמ׳ 2020

עסקה פעילה

First entry filled

Ripple pulled back as expected, it could even go for second entry, but if not we are already in!

6 בדצמ׳ 2020

הערה

All entries filled now

Ripple went for 100EMA retest and PC bot just added to the position 🤞🏼

6 בדצמ׳ 2020

הערה

Reacted well so far

Ripple is taking more time than expected but targets still seem quite reachable, as soon as TL breaks-out.
I doubled the gain-time (480h) so we don't close on original time-out.