Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DOCKUSDT
In the current chart, R1 and R2 are the resistance areas which contain the unsuccessful attempts of the price to rise. S2 used to be a long-term resistance area. And S1 is our support line at the bottom expressing the well support of price at several points. Therefore, the price was supported at S1 multiple times and it is reaching this area again. We see its fluctuation above this line in a falling behavior. So the price would have more fall to reach S1 and then by providing us some confirmation candles for a rise, there is a possibility of an increase up to R1 and even higher than that via more fluctuation and fixation and the long position of the chart is activated. There is a suggestion for you to save your profits at R1. You should know that in case the price loses the support at any points and falls below S1 line, surely more decline happens to it down to S2. Bear in mind that S2 is considered a proper point for putting your trade orders. We recommend you to have every piece of information and idea via our analyses for receiving more profitable 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 DOCKUSDT
In the current chart, R1 and R2 are the resistance areas which contain the unsuccessful attempts of the price to rise. S2 used to be a long-term resistance area. And S1 is our support line at the bottom expressing the well support of price at several points. Therefore, the price was supported at S1 multiple times and it is reaching this area again. We see its fluctuation above this line in a falling behavior. So the price would have more fall to reach S1 and then by providing us some confirmation candles for a rise, there is a possibility of an increase up to R1 and even higher than that via more fluctuation and fixation and the long position of the chart is activated. There is a suggestion for you to save your profits at R1. You should know that in case the price loses the support at any points and falls below S1 line, surely more decline happens to it down to S2. Bear in mind that S2 is considered a proper point for putting your trade orders. We recommend you to have every piece of information and idea via our analyses for receiving more profitable 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