Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
The most important thing in the current situation is the movement of the BTC price.
Therefore, checking the BTC price movement should be prioritized over investing in altcoins at the moment.
Short-term trading is possible in any market situation, but if you are unfamiliar with trading, it is likely to lead to large losses, so it is advisable to pause and observe the situation.
Even those who invest in BTC, the price may move in an undesirable direction due to the whipsaw caused by the decrease in trading volume, so the management of the Stop Loss point is important.
We recommend that you proceed with the trade after seeing the volume increase.
--------------------------------------
(XRPUSD 1W Chart)
The 0.71097-0.88410 section is an important section, and if it is supported and rises in this section, it is expected that the uptrend will continue.
If it declines from the 0.51383 point, it may take a long time to rise as it enters the mid- to long-term investment zone.
Accordingly, careful trading is required.
(1D chart)
If the price can hold in the 0.70391-0.98663 range, we expect it to stock up on power to turn into an uptrend.
The 0.56254-0.70391 section is the section that determines the direction, and if it falls in this section, it can lead to a big drop, so you need to think about how to respond.
However, you need to trade cautiously as it can touch the downtrend line and rise.
We need to see if we can move above the 0.88410 point along the uptrend line.
--------------------------------------
(XRPBTC 1W chart)
We have to wait and see if we can get out of the 653 Satoshi-4264 Satoshi section
In particular, it remains to be seen if the price can sustain above the 2413 Satoshi point.
In order to create a new wave, the price must rise above the 4264 Satoshi point to hold the price.
(1D chart)
It remains to be seen if we can climb to the 2187 Satoshi-2368 Satoshi section.
If it declines as it is, it can touch below the 1823 Satoshi point, so Stop Loss is required to preserve profit and loss.
However, you need to trade cautiously as it can touch the downtrend line and rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in 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 section where you can buy for profit
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
The most important thing in the current situation is the movement of the BTC price.
Therefore, checking the BTC price movement should be prioritized over investing in altcoins at the moment.
Short-term trading is possible in any market situation, but if you are unfamiliar with trading, it is likely to lead to large losses, so it is advisable to pause and observe the situation.
Even those who invest in BTC, the price may move in an undesirable direction due to the whipsaw caused by the decrease in trading volume, so the management of the Stop Loss point is important.
We recommend that you proceed with the trade after seeing the volume increase.
--------------------------------------
(XRPUSD 1W Chart)
If it declines from the 0.51383 point, it may take a long time to rise as it enters the mid- to long-term investment zone.
Accordingly, careful trading is required.
(1D chart)
If the price can hold in the 0.70391-0.98663 range, we expect it to stock up on power to turn into an uptrend.
The 0.56254-0.70391 section is the section that determines the direction, and if it falls in this section, it can lead to a big drop, so you need to think about how to respond.
However, you need to trade cautiously as it can touch the downtrend line and rise.
We need to see if we can move above the 0.88410 point along the uptrend line.
--------------------------------------
(XRPBTC 1W chart)
In particular, it remains to be seen if the price can sustain above the 2413 Satoshi point.
In order to create a new wave, the price must rise above the 4264 Satoshi point to hold the price.
(1D chart)
If it declines as it is, it can touch below the 1823 Satoshi point, so Stop Loss is required to preserve profit and loss.
However, you need to trade cautiously as it can touch the downtrend line and rise.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in 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 section where you can buy for profit
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
[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/
