How do you do dear followers,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for DOCKUSDT
Here we see R3, R2, and R1 as our resistance areas that demonstrate the price was not able to rise at different points. And S1 and S2 are support areas at the bottom of this chart that have the support of price in them. As we see, the rejection of price at R3 and a noticeable decline took place down to S2. Then after being in a recovery mode, the price rose again and this time the pressure of sellers made another fall for it. Therefore, we have the price fluctuating below R1 and we expect it to have more fixation and by rising over R1 and giving us more rising signs besides more fixation, more increase would be there for it toward higher amounts. Even by the time the price is not supported anymore and moves below R1, it faces another decline downward. Remember that S2 is a great point for putting your sale orders but you should wait for the price to be supported here and on its trend upward, you are able to put your orders. Please do not forget to wait for some signs such as confirmation candles in order to make sure of what will be your next movement and then act wisely. Our suggestion is to put your stop-loss point based on your amount of loss that you can risk at and try to experience more logical 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 the best
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for DOCKUSDT
Here we see R3, R2, and R1 as our resistance areas that demonstrate the price was not able to rise at different points. And S1 and S2 are support areas at the bottom of this chart that have the support of price in them. As we see, the rejection of price at R3 and a noticeable decline took place down to S2. Then after being in a recovery mode, the price rose again and this time the pressure of sellers made another fall for it. Therefore, we have the price fluctuating below R1 and we expect it to have more fixation and by rising over R1 and giving us more rising signs besides more fixation, more increase would be there for it toward higher amounts. Even by the time the price is not supported anymore and moves below R1, it faces another decline downward. Remember that S2 is a great point for putting your sale orders but you should wait for the price to be supported here and on its trend upward, you are able to put your orders. Please do not forget to wait for some signs such as confirmation candles in order to make sure of what will be your next movement and then act wisely. Our suggestion is to put your stop-loss point based on your amount of loss that you can risk at and try to experience more logical 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 the best