XRP Market Cap – 30-Min Short Trade Setup!
📉 🚀
🔹 Asset: XRP Market Cap
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade
📌 Trade Plan (Short Position)
✅ Entry Zone: Below 127.25B (Breakdown Confirmation)
✅ Stop-Loss (SL): Above 133.36B (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: 119.12B (First Support Level)
📌 TP2: 109.63B (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): 133.36B - 127.25B = 6.11B per position
📈 Reward to TP1: 127.25B - 119.12B = 8.13B (1:1.33 R/R)
📈 Reward to TP2: 127.25B - 109.63B = 17.62B (1:2.88 R/R)
💡 Favorable Risk-Reward Setup – Targeting a 1:2.88 R/R at TP2.
🔍 Technical Analysis & Strategy
📌 Bearish Rejection at Descending Trendline – Price tested resistance and rejected downward.
📌 Weak Buying Pressure – Failing to sustain above 127.25B, signaling seller dominance.
📌 Volume Confirmation Needed – A strong sell volume spike below 127.25B confirms bearish momentum.
📌 Momentum Shift Expected – Breakdown could lead to 119.12B, then extend to 109.63B.
📊 Key Resistance & Support Levels
🔴 133.36B – Stop-Loss / Resistance Level
🟡 127.25B – Breakdown Level / Short Entry
⚪ 119.12B – First Target / TP1
🟢 109.63B – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong selling pressure before entry.
📉 Trailing Stop Strategy – Move SL to breakeven (127.25B) after hitting TP1 (119.12B).
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at 119.12B, let the rest run to 109.63B.
✔ Adjust SL to breakeven (127.25B) after TP1 is hit.
⚠️ Fake Breakdown Risk
❌ If price moves back above 127.25B, exit early to limit losses.
❌ Wait for a strong bearish candle close below 127.25B before entering aggressively.
🚀 Final Thoughts
✔ Bearish Setup Confirmed – Breakdown signals further downside potential.
✔ Momentum Shift Expected – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.88 R/R at TP2 makes this a high-quality trade.
💡 Stick to the plan, manage risk, and trade smart! 📉🔥
🔗 #ProfittoPath 🏆 | #TechnicalAnalysis 📉 | #SmartTrading 💰 | #ShortTrade 📊 | #RiskManagement ⚠️
🔹 Asset: XRP Market Cap
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade
📌 Trade Plan (Short Position)
✅ Entry Zone: Below 127.25B (Breakdown Confirmation)
✅ Stop-Loss (SL): Above 133.36B (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: 119.12B (First Support Level)
📌 TP2: 109.63B (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): 133.36B - 127.25B = 6.11B per position
📈 Reward to TP1: 127.25B - 119.12B = 8.13B (1:1.33 R/R)
📈 Reward to TP2: 127.25B - 109.63B = 17.62B (1:2.88 R/R)
💡 Favorable Risk-Reward Setup – Targeting a 1:2.88 R/R at TP2.
🔍 Technical Analysis & Strategy
📌 Bearish Rejection at Descending Trendline – Price tested resistance and rejected downward.
📌 Weak Buying Pressure – Failing to sustain above 127.25B, signaling seller dominance.
📌 Volume Confirmation Needed – A strong sell volume spike below 127.25B confirms bearish momentum.
📌 Momentum Shift Expected – Breakdown could lead to 119.12B, then extend to 109.63B.
📊 Key Resistance & Support Levels
🔴 133.36B – Stop-Loss / Resistance Level
🟡 127.25B – Breakdown Level / Short Entry
⚪ 119.12B – First Target / TP1
🟢 109.63B – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong selling pressure before entry.
📉 Trailing Stop Strategy – Move SL to breakeven (127.25B) after hitting TP1 (119.12B).
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at 119.12B, let the rest run to 109.63B.
✔ Adjust SL to breakeven (127.25B) after TP1 is hit.
⚠️ Fake Breakdown Risk
❌ If price moves back above 127.25B, exit early to limit losses.
❌ Wait for a strong bearish candle close below 127.25B before entering aggressively.
🚀 Final Thoughts
✔ Bearish Setup Confirmed – Breakdown signals further downside potential.
✔ Momentum Shift Expected – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.88 R/R at TP2 makes this a high-quality trade.
💡 Stick to the plan, manage risk, and trade smart! 📉🔥
🔗 #ProfittoPath 🏆 | #TechnicalAnalysis 📉 | #SmartTrading 💰 | #ShortTrade 📊 | #RiskManagement ⚠️
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คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน