XRPUSDT has just finished its pullback to the 0.4 area where huge bullish pressure is located .Bulls gained much confidence thanks to the recent bullish impulsion and so the bulls were waiting for a good area to buy XRP cheaper .It is very likely to stay above the 0.4 area and hit the target .This trade is a very high probability trade (80-85% probability) . Moreover XRP is very unlikely to drop below 0.3-0.28 .The chance of it droping below the 0.3-0.28 area is close to zero that's why the Stop is set there .The targets are respectively : 0.58 / 0.73/0.98/1.2/1.36 and 1.96 .The last target being open . If any question I am willing to help . Thanks for your time and happy trading .
Not
For those wanting to set only shorter term target such as 0.58 or 0.73 , a Stop of 0.32 would do and represents a stop with decent RiskReward Ratio in this case .
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