XRP / TetherUS
Long
Updated

XRP: buy

863
๐Ÿ“Š Analysis by AhmadArz:

๐Ÿ” Entry:
1๏ธโƒฃ 0.5676 (Main Entry)
2๏ธโƒฃ 0.5455 (Support)
3๏ธโƒฃ 0.5232 (Support)

๐Ÿ›‘ Stop Loss:
๐Ÿ”ด 0.5545

๐ŸŽฏ Take Profit:
1๏ธโƒฃ 0.5797
2๏ธโƒฃ 0.5919
3๏ธโƒฃ 0.6076

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This chart represents the XRP/USDT (Ripple to Tether) pair and highlights two "Good Entry" points ๐Ÿ“‰ within support zones ๐ŸŸฅ and ๐ŸŸฆ. Additionally, the main entry point is noted at 0.5676 ๐Ÿ“Š. Hereโ€™s a general analysis with emoji annotations:

1. Entry Points:

The main entry is 0.5676 ๐ŸŸข.
The first support entry is at 0.5455 ๐Ÿ“‰, within the blue zone ๐ŸŸฆ.
The second support entry is at 0.5232 ๐Ÿ“‰, within the red zone ๐ŸŸฅ.

2. Price Targets:

TP1: The first target price is 0.5797 ๐ŸŽฏ.
TP2: The second target price is 0.5919 ๐ŸŽฏ.
TP3: The third target price is 0.6076 ๐Ÿš€.

3. Support and Resistance Zones:

0.5676 is the main entry point ๐ŸŸข.
The blue support zone is between 0.5455 and 0.5260 ๐ŸŸฆ.
The red support zone is between 0.5210 and 0.5232 ๐Ÿ›‘.

4. Analysis:

If the price holds above 0.5676 ๐ŸŸข and breaks through resistance ๐ŸŸ , it could move towards the targets at 0.5797 and 0.6076 ๐Ÿš€.
Stop Loss: The stop loss is set at 0.5545 ๐Ÿ”ด to protect against downside risks.
In case of a fallback, the price may drop back to the first support entry at 0.5455 or lower, around 0.5232 ๐Ÿ”„.

This analysis suggests a potential upward movement ๐Ÿ“ˆ, with the main entry point at 0.5676 and clear stop-loss protection at 0.5545.
Trade closed: target reached
TP2 hitโค๏ธ

snapshot
Trade closed: target reached
Full TP

snapshot

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