Long XRP on short term retest

Potential long on a retest of XRP. Enter only if: TOTAL2 breaks RES and BTC.D breaks support

Entry: DCA around the green box
SL: Around 1.16
TPs: See horizontal lines

Trade active:

First DCA order hit

Comment:

TOTAL2 and BTCD both look even better now!

- TOTAL2 broke RES on 1h (not fully proven yet - I'd like to see a clear 1h candle close above the previous RES)
- BTCD broke down on its SUP, currently retesting it as RES

Comment:

I'll TP a bit near the diagonal trend line, which should act as RES.

Comment:

Luckily, I took a 30% profit at the diagonal trend line.

BTCD is currently at RES and TOTAL2 at support. If BTCD gets rejected and TOTAL2 holds its support level on the hourly close, I'll add some more XRP if the price is still around the green box area.

Comment:

Brought some more. Also, OBV is now retesting its support - looks good.

Comment:

Even tough TOTAL2 broke out and successfully retested the previous highs around 1.13T, BTCD seems to have found some LTF support around 44.25 and XRP volume on 1h is declining.

I'll TP 50% here and move SL to BE.

Trade closed: stop reached:

The rest of the position got stopped out on BE as SL was hit.

Looking for a small scalp rebuy near the lower trend line, as it should act as support (at least for a short time - scalp!).

Comment:

Things looking good for the potential small XRP long scalp: BTCD at minor RES and TOTAL2 at major support. Hopefully XRP touches price levels at around 1.2050 as this would be my entry.