Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. We see the S1 line which was previously the resistance line. Now the price has been able to break it and is moving up. There is the R1 line which the price has hit several times and could not break it. We expect the price to hit it once more and then fall down after not being able to break it. But if it is able to break it to the upside, the R2 zone is waiting for it which is a very strong resistance zone. We also have the S2 line which has supported the price several times. It is also likely for the price to make a pullback to the S2 line where we can set a buy order for higher targets. If the S2 line is also lost then there will be more falling.
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. We see the S1 line which was previously the resistance line. Now the price has been able to break it and is moving up. There is the R1 line which the price has hit several times and could not break it. We expect the price to hit it once more and then fall down after not being able to break it. But if it is able to break it to the upside, the R2 zone is waiting for it which is a very strong resistance zone. We also have the S2 line which has supported the price several times. It is also likely for the price to make a pullback to the S2 line where we can set a buy order for higher targets. If the S2 line is also lost then there will be more falling.
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