Ripple (XRP) - January 14
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Happy New Year!!!
Dear traders, nice to meet you.
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The volatility around January 16th (January 15th-17th) should be watched to see if there is any movement outside the 0.28518-0.30296 range.
To turn to an uptrend, you need to be supported above the M-Signal line on the 1W chart.
It appears that the short-term downtrend has moved away and has started a sideways trend.
If it falls from the 0.28518 point, it is a short-term Stop Loss.
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** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
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.
-------------------------------------------------- -----
The volatility around January 16th (January 15th-17th) should be watched to see if there is any movement outside the 0.28518-0.30296 range.
To turn to an uptrend, you need to be supported above the M-Signal line on the 1W chart.
It appears that the short-term downtrend has moved away and has started a sideways trend.
If it falls from the 0.28518 point, it is a short-term Stop Loss.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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 profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Nota
(XRPUSD 1D chart)(XRPKRW 1D chart)
(Upbit XRPKRW 1D chart)
Nota
(Binance XRPUSDTPERP 1h chart)
Significant points are expected to be lows of 0.5699, 0.4322 and 0.3183.
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Other content (coins, stocks, etc.) is frequently posted on X.
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tradingview.com/black-friday/
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
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