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(XRPUSDT 1W Chart)
We believe we are entering the mid- to long-term investment area, falling below 0.4542.
Therefore, it is necessary to check if the 0.4542-0.5486 section is abnormal and can deviate from the floor section.
(1D chart)
We need to see if we can find support by moving above 0.4542.
The 0.4542-0.5486 zone is the last support zone before falling into the mid- to long-term investment zone, and I think it's risky to trade in this zone.
Therefore, it is recommended to proceed with trading after confirming that it is supported above 0.5486.
(buy)
- After confirming the support at 0.5486
(Stop Loss)
- When it falls below 0.4542
(Sell)
- When resistance is received in the range of 0.7251-0.8731
- When receiving resistance near 1.0409
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XRPUSDT 1W Chart)
Therefore, it is necessary to check if the 0.4542-0.5486 section is abnormal and can deviate from the floor section.
(1D chart)
We need to see if we can find support by moving above 0.4542.
The 0.4542-0.5486 zone is the last support zone before falling into the mid- to long-term investment zone, and I think it's risky to trade in this zone.
Therefore, it is recommended to proceed with trading after confirming that it is supported above 0.5486.
(buy)
- After confirming the support at 0.5486
(Stop Loss)
- When it falls below 0.4542
(Sell)
- When resistance is received in the range of 0.7251-0.8731
- When receiving resistance near 1.0409
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
