The entry filled and the call is being tracked candle by candle.
What is the logic behind this XRP long?
Written by the trader before the outcome was known, and never edited since.
clean retest, long from 1.4012, invalid at 1.3965.
Thesis at publication
The longer case, also locked at publication.
price at 1.4012 is today's key level, as it's the recent swing high retest, with a flip to support indicating underlying bullish bias. technical confluence is evident with rsi at oversold levels and bollinger band compression suggesting a squeeze. target is 1.489, a fib extension level, with stop at 1.343 invalidating the setup.
Market context
What was true around XRP when this call was published.
Among active calls posted on TradeLiveX at that moment, 50% of 2 open XRP calls from 2 traders were long.
7 graded calls, 71% closed above breakeven, mean +0.75R. 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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