hope it will go long but i have lost my all money due to xrp bearish.
LIVE
Trisha Saha
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$xrp long entry...🚀🚀🚀
$XRP
Market Context: - Support Zone: Price has reacted strongly from the FVG (Fair Value Gap) near the $2.21 - $2.15 region, showing bullish demand in this area. - Resistance Levels: Immediate resistance is around $2.39, with further key levels at $2.70 and $2.92. - Order Block (OB): Notable bearish order block marked near $2.70, which can serve as a potential take-profit area.
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### Key Observations: 1. Bullish Structure: - The price has established a bullish market structure shift (MSS) after revisiting demand zones. - EMAs are aligning closely, suggesting consolidation before a potential breakout.
2. Liquidity Grab: - The recent dip into the FVG signals a liquidity grab, hinting at bullish accumulation.
3. Risk-Reward Setup: - The long position setup reflects a favorable risk-reward ratio, with the stop-loss below $2.15 and targets extending to $2.70 and potentially $2.92.
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### Trade Plan: - Entry: Around $2.32 - $2.36 (current price zone). - Stop Loss: Below $2.15 to account for a safe invalidation. - Targets: - TP1: $2.70 (resistance near the OB zone). - TP2: $2.92 (major resistance and psychological level).
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### Notes for Traders: - Watch for volume confirmation as the price approaches resistance levels. - If price retraces to the FVG ($2.21 area), consider it an opportunity to add to the position.
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Keep your risk management tight and follow the plan!
Felelősségkorlátozó nyilatkozat: Harmadik felek véleményét tartalmazza. Nem minősül pénzügyi tanácsnak. Szponzorált elemet tartalmazhat.Lásd a Feltételeket.
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