Sunday, May 5, 2024
🛒 Taking XRP Long under 0.6155 (optional split into two orders where second under 0.6)

💩 SL on 12H close below 0.5589 (risk 9.2% – invest 5.5% per 0.5% capital risk)

Risk Reward levels:
R1 – 0.675 (SL to BE)
R2 – 0.729
R3 – 0.786
R4 – 0.842
R5 – 0.898
R6 – 0.955

Targets correlate with reward levels. As we move closer to New Year, reducing exposure to market and opening less new trades.

XRPBTC is in downtrend, but showing signs of finding the bottom, so 10-20% bounce there will be similar to R1-R2 bounce here (for fake breakout scenario).

@CryptoBullTrades #XRP #trade


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