#Xrpš„š„ Here is an idea for an intraday spot trading plan on XRP/USDT with a target profit of approximately 10 USD (with a capital of approximately 18 million IDR ā 1,200 USD). I am using the Bollinger Bands + RSI + MACD setup on a 15-minute timeframe:
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1. Main Setup
Indicator
Bollinger Bands (20,2) ā DN ā 2.0680āMB ā 2.0790āUP ā 2.0899
RSI(6) oversold ā (currently ~37)
MACD DIFāDEA light bullish crossover
Rationale
The price is close to the lower band + RSI is approaching oversold + MACD is starting to turn green ā opportunity for mean reversion to the middle/up band.
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2. Entry Level, TP & SL
Entry zone:
Wait for a 15-minute candle to touch or bounce from DN (~2.068)
Enter market limit/better market at 2.072 ā 2.076 (depending on candle close).
TP @ 2.089 (= upper band).
Entry to TP distance ā 0.013 ā 0.63 % ā profit ā 7.6 USD per 1,000 USD capital.
Since we want approximately 10 USD ā allocate full capital ā 1,200 USD ā 1,200Ć0.63 % ā 7.6 USD, then slightly adjust TP to 2.091 to achieve ~0.83 % total (ā 10 USD).
SL @ 2.058
Entry to SL distance ā 0.014 ā 0.67 % ā risk ā 8 USD.
Risk : Reward ā 1 : 1.2 (Ā±).
> āļø Note: To achieve exactly $10 profit, raise TP to 2.091 (ā+0.83 %)
ā If entering at 2.076 ā target 2.076Ć1.0083 ā 2.093.
ā I suggest TP 2.091 to remain below the upper band (2.089ā2.090).
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3. Management & Rules
1. Position sizing: full balance (~1,200 USD)
2. Trailing / manual cut:
If a 15-minute candle breaks MB (2.079) with increasing volume ā consider sliding SL to BE+ (break-even).
3. Time:
Ideally, execute entry in the morning WIB (09.00ā11.00) or after further correction.
4. Additional confirmation:
Ensure RSI(6) rebounds from < 35 or there is a bullish candle (hammer/engulfing) at the lower BB.
MACD histogram continues green for 2ā3 bars on 15 m.
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š If the setup fails (price clearly breaks DN 2.068 ā 15 m candle closes below 2.058) ā cut loss immediately.
šÆ If the target is reached (15 m candle touches ~2.091) ā close the full position.
