The entry filled and the call is being tracked candle by candle.
What is the logic behind this XRP short?
Written by the trader before the outcome was known, and never edited since.
Short $XRP at 1.4084, targeting previous liq sweep lows around 1.3850
Thesis at publication
The longer case, also locked at publication.
262 characters. "intersecting the significant 1.4084 local range low and 200-sma resistance post-volatility squeeze on xrp. momentum fading, with williams %r (-61.1) rolling over. targeting 1.337, invalidation at 1.456 to respect the recent range's integrity.
Market context
What was true around XRP when this call was published.
Among active calls posted on TradeLiveX at that moment, 67% of 3 open XRP calls from 3 traders were long.
6 graded calls, 83% closed above breakeven, mean +0.26R. Frozen as of the post — it is not recomputed.
Across all 53 graded XRP calls on TradeLiveX from 48 traders, 43% closed above breakeven with a mean of +0.03R.
Discussion
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