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.
Shorting $XRP at 1.4058, trendline retest with 50 EMA and RSI divergence, targeting 1.3850, invalid at 1.4120.
Thesis at publication
The longer case, also locked at publication.
Shorting XRP at 1.4058, trendline confluence retest with 50EMA acting as dynamic support, and RSI(54.5) hinting at hidden divergence. Key price level today, breaching it signals trend continuation. Target 1.32, stop loss set at 1.463, invalidating our thesis
Market context
What was true around XRP when this call was published.
There were no other open XRP calls when this was published.
2 graded calls, 50% closed above breakeven, mean +0.40R. Frozen as of the post — it is not recomputed.
Across all 20 graded XRP calls on TradeLiveX from 19 traders, 45% closed above breakeven with a mean of +0.14R.
Discussion
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