XRP - Retest on PMH -> Bounceback
If this PDL Support breaks, gonna push down to the PMH-Range and pullback over that. If that support holds idea is invalid and going directly into bullmode.
Note
Fired by this news as well: tradingview.com/news/beincrypto:f2cc98f83094b:0-cme-group-clarifies-no-official-decision-on-xrp-solana-sol-futures-contracts/Trade active
TP1 hit Took 50%Note
If Resistance at 3.10 stays strong, trade still active. Otherwise closing. Trade closed manually
Reversal took place.Note
To Conclude:
Maybe i was a little bit too overhoping on this one. Anyways made a 70% Profit out of that little move.
The Support was stronger then expected.
Idea could still play out another time if it's bouncing down again on that Trendchannel.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.