Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. There is an S1 line which the price has hit 2 times and has been supported. The price is now fluctuating above the S1 line. There is a divergence between the price and the MACD which can indicate the bullish market. R1 is the first supply area which would be a good place to sell if the price goes up. If R1 is broken, then R2 would the next target. If the price comes lower than the S1 line, then our scenario would fail but this is less likely.
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. There is an S1 line which the price has hit 2 times and has been supported. The price is now fluctuating above the S1 line. There is a divergence between the price and the MACD which can indicate the bullish market. R1 is the first supply area which would be a good place to sell if the price goes up. If R1 is broken, then R2 would the next target. If the price comes lower than the S1 line, then our scenario would fail but this is less likely.
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