(Bittrex XLMUSD 1D chart) I think that the 0.06260065 point or less is a mid- to long-term investment area. Accordingly, you must make sure that it is supported at 0.06260065. I think it fell over a long period of time and then rose above 0.06260065 points to form the bottom zone. I think it's important to get support at the 0.06260065 point to keep this.
I think it's a good place to make a new wave, and since it can form a'Pull Back' pattern, I think you should check the flow with a margin.
I think it is a period of volatility from September 21st to October 1st. Therefore, I think careful trading is necessary.
** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)