Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ATOMUSDT
As we analyzed on October 11, we expected a falling trend to happen and in the current chart, our prediction came true and one of our targets is hit. Here we have R2 and R1 as the resistance areas that express the unsuccessful attempts of price to rise. S2 used to be a resistance line and S1 is our long-term support line. At the moment, we have the fluctuation of price below R1 and there are two options for it to happen. In case we have some confirmation candles to rise, an increase is predicted for the price up to R2 and again a rejection will happen after that. But if the price loses the support at R1, we should wait for a decline down to S1 or more. Please activate your stop-loss points for less risky trades.
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 ATOMUSDT
As we analyzed on October 11, we expected a falling trend to happen and in the current chart, our prediction came true and one of our targets is hit. Here we have R2 and R1 as the resistance areas that express the unsuccessful attempts of price to rise. S2 used to be a resistance line and S1 is our long-term support line. At the moment, we have the fluctuation of price below R1 and there are two options for it to happen. In case we have some confirmation candles to rise, an increase is predicted for the price up to R2 and again a rejection will happen after that. But if the price loses the support at R1, we should wait for a decline down to S1 or more. Please activate your stop-loss points for less risky trades.
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
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