Ripple (XRP) - October 6

2020년 10월 6일

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It is breaking through the critical point of 0.25355.
You need to make sure you can get support at 0.25355.

We need to see if we can get support at the downtrend line (6) and make further upside.

If it falls at the downtrend line (6), it is a short-term Stop Loss.

If you fall from the uptrend line (3), I think you need to trade to preserve profit and loss.

We'll see if we can touch the downtrend line (4).

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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.)