readCrypto

Ripple (XRP) - May 1

Good morning?
Dear Traders, Nice to meet you.

"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
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I think the biggest concern is whether we can rise above the long-term downtrend line (2).

Also, I think it is important to be able to get support on the 0.25355 point, which is the key point of the low section.

If only these two situations can be overcome, we expect to create a new wave.

Short-term support and resistance are not rising.
Accordingly, we believe that careful trading is necessary at this time.

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Now, I think it's time to think about how to respond to profits or losses in the future rather than to determine whether they are profitable or lost.

Bitcoin Halving has about 11 days left.

I think that all situations are putting pressure on the coin market, so the expectation of the rise has decreased a lot.

At the moment, I think it is more important to trade according to the flow of the chart than the words of any article or analyst.

I don't think the target point is important.

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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.

Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Hello?
Dear Traders, Nice to meet you.

"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.

--------------------------------------

I think the biggest concern is whether we can rise above the long-term downtrend line (2).

Also, I think it is important to be able to get support on the 0.25355 point, which is the key point of the low section.

If only these two situations can be overcome, we expect to create a new wave.

Short-term support and resistance are not rising.
Accordingly, we believe that careful trading is necessary at this time.

----------------------------------------------

Now, I think it's time to think about how to respond to profits or losses in the future rather than to determine whether they are profitable or lost.

Bitcoin Halving has about 11 days left.

I think that all situations are putting pressure on the coin market, so the expectation of the rise has decreased a lot.

At the moment, I think it is more important to trade according to the flow of the chart than the words of any article or analyst.

I don't think the target point is important.

----------------------------------------

See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.

Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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