Signal Trading Summary:
- Liquity (LQTY)
- Entry [Long]: $0.5044-0.5221
- Stop Loss [SL]: $0.4912
- Take Profit [TP]:
- TP1: $0.5772
- TP2: $0.6265
- Hedera (HBAR)
- Entry [Short]: $0.1977 or if price has broken the 0.194 level
- Stop Loss [SL]: $0.21
- Take Profit [TP]:
- TP1: $0.183
- TP2: $0.17
- TP3: 0.1593
- Ripple (XRP)
- Entry [Short]: $2.6-2.62
- Stop Loss [SL]: $2.7
- Take Profit [TP]:
- TP1: $2.52
- TP2: $2.29
1. Liquity (LQTY) – De-Fi Category
LQTY managed to breakout from the trendline and 21 EMA on its 4-hour timeframe. This indicates a potential bullish movement with upside potential up to $0.5772 and $0.6265.
For position finding, we can wait for the price of LQTY to retest the 21 EMA area of its 4-hour timeframe which coincides with its support area.
This analysis is invalid if LQTY manages to break the low in the 0.4912 area.
Potential Buy/Long LQTY Setup:
Entry [Long]: $0.5044-0.5221
Stop Loss [SL]: $0.4912
Take Profit [TP]: TP1: $0.5772, TP2: $0.6265
2. Hedera (HBAR) – Layer 1 / RWA / Payment category
HBAR was seen experiencing significant rejection from the 0.211 area after yesterday’s significant rise.
After experiencing rejection, HBAR is now also breaking the resistance become support line at $0.195, which acts as an important level. The implication is that HBAR has the potential to continue its decline significantly.
HBAR Potential Sell/Short Setup:
Entry [Short]: $0.1977 or if price has broken the 0.194 level
Stop Loss [SL]: $0.21
Take Profit [TP]: TP1: $0.183, TP2: $0.17, TP3: 0.1593
3. Ripple (XRP) – Layer 1 Category
XRP was seen experiencing a fairly strong rejection from 2.6, signaled by the formation of a bearish engulfing candle which is a strong indication of a reversal to the downside.
If XRP breaks the 21 EMA of its 4-hour time-frame, then there is a high probability that it could continue its decline to $2.52 and $2.29.
XRP Sell/Short Potential Setup:
Entry [Short]: $2.6-2.62
Stop Loss [SL]: $2.7
Take Profit [TP]: TP1: $2.52, TP2: $2.29
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.
*Disclaimer: Pintu Futures activities (trading futures contracts on crypto assets) are carried out by PT Porto Komoditi Berjangka, a Futures Brokerage company licensed and supervised by Bappebti and is a member of CFX and KKI. Trading futures contracts on crypto assets has high risks, one of which is the risk that Leverage can provide greater profits and losses.