Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for COCOSUSDT
Here we have R1 which used to be a support line and it shows the well support of the price at some points. Then we have S1 that expresses the support of the price since the past. At the moment, the price is fluctuating below R1 and over S1 area. We believe the price will fall to S1 and then start its rising trend toward R1. Our suggestion is to consider the stop loss area due to the unstable condition of the market. Also it is probable for the price to start a decline at this point.
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 COCOSUSDT
Here we have R1 which used to be a support line and it shows the well support of the price at some points. Then we have S1 that expresses the support of the price since the past. At the moment, the price is fluctuating below R1 and over S1 area. We believe the price will fall to S1 and then start its rising trend toward R1. Our suggestion is to consider the stop loss area due to the unstable condition of the market. Also it is probable for the price to start a decline at this point.
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