readCrypto

A critical time to turn to an uptrend

readCrypto Mod Updated   
BINANCE:XRPUSDT   XRP / TetherUS
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(XRPBTC 1W chart)
The question is whether it can rise to the last support range of 0.0000 1791 to 0.0000 2470.

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(XRPUSDT 1W chart)
It is important to be able to climb with support in the HA-Low and HA-High indicator sections.


(1D chart)
If it falls below 0.3420-0.3505, there is a possibility of a sharp decline, so a countermeasure is needed.

We are currently facing a golden opportunity to turn to an uptrend.

To take advantage of this opportunity, the price needs to rise above the 0.3814-0.4060 range or higher.

As explained in the 1W chart, since we are facing a very important turning point from a mid- to long-term trading perspective, if you have found a way to respond to the decline, I think it is time to aggressively buy.


However, since the price is currently located below the MS-Signal indicator on the 1D chart, it is recommended to buy when the candlestick on the 1D chart is about to close with a rising candlestick according to the basic buying method.

If the price is above the MS-Signal indicator on the 1D chart, it is a good idea to buy when the candlestick on the 1D chart is about to close with a falling candlestick.

To buy in the above way, a split transaction is required.

It is necessary to increase reliability by first checking whether it is possible to buy with the above buying method.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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Comment:
(XRPUSDT chart)
The key is whether it can receive support around 0.4542-0.47 and rise above 0.5455.

If not, you should check for support around 0.4300.
Comment:
(XRPUSDT 1D chart)
The HA-High indicator on the 1D chart is about to be created at the 0.4232 point.

Therefore, it is necessary to check whether the HA-High indicator is created at the 0.4232 point.


However, since the 0.43 point is the point of the HA-High indicator on the 1W chart, the important point is whether it can be supported and rise around 0.43.
Comment:
It will be a question of whether the price can sustain itself by rising above 0.5455-0.6070 during the volatility period.
Comment:
(XRPUSDT 1D chart)
As it is a volatility period until March 30th, we need to check if there is support around 0.5455-0.6070.

If it rises above 0.6070, it is likely to move towards 0.7788.


However, since it has soared by more than 10%, I think it is better to sell it partially to confirm the profit.
Comment:
(XRPUSDT chart)
With support near 0.5074, I would expect a move above 0.5455.

[Example of exchange chart setup]

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

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