Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The S1 zone is the demand area which has supported the price. The price has shown reaction to the R1 line. There are 2 scenarios. One is that the price will stabilize above the R1 line and go up from here. The second scenario is that it will be rejected and will come down to the S1 line again and make a double-bottom. If the S1 zone is also lost, it can come down to the S2 zone.
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.
We are in the daily time frame. The S1 zone is the demand area which has supported the price. The price has shown reaction to the R1 line. There are 2 scenarios. One is that the price will stabilize above the R1 line and go up from here. The second scenario is that it will be rejected and will come down to the S1 line again and make a double-bottom. If the S1 zone is also lost, it can come down to the S2 zone.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.