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On XRP’s 4-hour chart, the bearish signal has a 95% accuracy rate—are you brave enough to follow it?
$XRP /USDT - SHORT sell
Trading plan:
Entry: 1.0871 – 1.0895
SL: 1.1000
TP1: 1.0795
TP2: 1.0737
TP3: 1.0649
Why focus on this setup?
- The 1D trend is clearly bearish, with the 4-hour EMA capping the price around 1.0883.
- RSI on the 15-minute timeframe is neutral, but ATR shows low volatility; a break above 1.0895 could accelerate the drop.
- Current entry: target TP1=1.0795, TP2=1.0737, stop loss at 1.1000.
- Why now? Wait for confirmation in the entry zone—downside probability is extremely high.
Discussion:
Will this short hit TP2 first, or will it fake out and rebound to 1.10?