XRPUSDT at 4h support, likely to head towards 0.83

The price is at 4h support 4HS1. It shall bounce here towards 4h resistance 4HR1. It still has the strength and volatility for the trade on both sides. A long is favorable here towards 4HR1 zone which is sitting around 0.825-0.832.

評論:

The price bounced from the support according to our expectation making our long trade in profit. Closed half position at the half way (3.65%) of profit target. Will add on retrace.

評論:

As you can see it was wise to take some profit there halfway. The price has retraced back to our entry and even lower. I have added the size I had released yesterday. That profit is now cushion for this trade as there will be no loss even if the trade does not go my way.