Binance Futures Trade Idea: XRPUSDT 10x Long

Binance Futures Trade Idea: XRPUSDT

Based on large pennant / upside continuation pattern on 4hr chart.

Possible hidden bullish divergence on RSI.
MACD starting to curve upwards.
Declining volume in pennant indicates explosive move with incoming volume.

Long XRP @ 0.6 (average buy-in), 10x Leverage
SL @ 0.58, below ascending trendline.
TP1 @ 0.7839, local high
TP2 @ 0.9650, measured pennant height
TP3 @ 1.00, psychological value ... or let it ride

Zlecenie aktywne:

Stacked buy orders from 0.5928 down to 0.5842.
Leverage @ 15x
SL is manual until price moves away.

IMPORTANT! BTC needs to cooperate - best situation for Alts right now is for BTC to go sideways for a while.

Anulowano zlecenie:

Stopped trade because BTC not cooperating. Will reevaluate later