XRP (XRP) - November 27Hello?
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(XRPUSD 1W Chart) - Mid-Long-Term Perspective
0.71097-0.88410 or more: Expected to create a new wave.
However, it should break out of all downtrend lines to accelerate the uptrend.
Therefore, it is expected that there will be restrictions on the rise.
(1D chart)
First resistance section: 1.07222-1.18894
Second resistance section: near 1.53910 point
First support section: near 0.83878
Second support section: 0.48862-0.60534
We need to see if we can sustain the price above the 0.88410 point.
A decline from the 0.83878 point could lead to below the 0.71097 point, so trade cautiously.
If the price is maintained in the 0.83878-1.07222 range, it is expected to turn into an uptrend.
It should rise above the 1.53490 point to accelerate the uptrend.
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(XRPBTC 1W chart)
2365 Satoshi point and above: expected to continue upward trend
4264 Satoshi point and above: Expected to create a new wave.
It is expected to stock up on strength to create a new wave as it breaks away from the long-term downtrend line.
It is expected that the power dissipation will occur as it rises in the 2365 satoshi-4264 satoshi section.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend 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.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** 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 the 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.)
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