Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ALGOUSDT
In the current chart, R2 on the top is a resistance area which contains the unsuccessful attempts of price to rise. R1 used to be a support area. And S1 is our support area and obviously it shows the support of price at different points. Hence, the price was able to have a noticeable rise and now it is on the fall to S1. We will predict it to continue its decline and there by providing us some rising signs, an increase for the price to touch higher amounts is expected surely. Or even by receiving some confirmation candles for the purpose of a decline, more fall would take place for the price downward. If you are in favor of experiencing profitable trades and wise actions in your analyses, we have several points and tips in our updates; so follow us all the time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ALGOUSDT
In the current chart, R2 on the top is a resistance area which contains the unsuccessful attempts of price to rise. R1 used to be a support area. And S1 is our support area and obviously it shows the support of price at different points. Hence, the price was able to have a noticeable rise and now it is on the fall to S1. We will predict it to continue its decline and there by providing us some rising signs, an increase for the price to touch higher amounts is expected surely. Or even by receiving some confirmation candles for the purpose of a decline, more fall would take place for the price downward. If you are in favor of experiencing profitable trades and wise actions in your analyses, we have several points and tips in our updates; so follow us all the time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck