Ripple (XRP) - October 12
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You need to make sure you can get support at 0.25355.
Around October 13th (October 12-14) you can touch the uptrend line (3) and the downtrend line (6).
If you touch it, you'll have to see if you can quickly ascend to the 0.25355 point.
I think the 0.25355 point is a very important point, so if it falls on the uptrend line (3) and the downtrend line (6), I think you need to trade to preserve the profit and loss.
We believe that in order to do a trend transition, we need to get above the 0.2745 point and get off the downtrend line (4).
You should see if the Volume is increased.
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** 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.)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You need to make sure you can get support at 0.25355.
Around October 13th (October 12-14) you can touch the uptrend line (3) and the downtrend line (6).
If you touch it, you'll have to see if you can quickly ascend to the 0.25355 point.
I think the 0.25355 point is a very important point, so if it falls on the uptrend line (3) and the downtrend line (6), I think you need to trade to preserve the profit and loss.
We believe that in order to do a trend transition, we need to get above the 0.2745 point and get off the downtrend line (4).
You should see if the Volume is increased.
-------------------------------------------
** 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.)
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