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*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for FILUSDT
Here we have R2 that used to be a long-term support area. R1 is our resistance area in this chart with its demonstration of the disability of the price to rise at several points. And as you observe, S1 is our long-term support area at the bottom that contains the well support of price at some different points even since the past. Clearly, the price experienced a great support at S1 and via a notable rise, it could move up to higher amounts. But after being rejected at R2 area, we had its fall down to our support area and then by another support there, the price could experience another rise but R1 area was the point that made it to have more declines via some negative candles after being rejected there. Presently, it is fluctuating over the support area and we expect it to provide us two scenarios after reaching the support area. One of them is giving us some confirmation candles for a rise and then moving toward R1 and even after breaking R1 upward and by providing more fixation and fluctuation over there, more rise would happen in order to touch higher amounts including R2 (that is a good point for saving your profits). But by the time the price falls below R1 and loses the support at its current point or at any other points, definitely more decline will happen then. According to the chart, either of these two options will happen in the coming days. Note that S1 is a great area to put your trade orders but wait for the proper time for that. Please consider the market situation in lower time frames and then decide what to do exactly. We suggest you to save your profits in the resistance areas due to the fact that in the decline of the price, you will not have so much loss. Keep moving with our updates and analyses to have multiple pieces of information and ideas.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Have a great time
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for FILUSDT
Here we have R2 that used to be a long-term support area. R1 is our resistance area in this chart with its demonstration of the disability of the price to rise at several points. And as you observe, S1 is our long-term support area at the bottom that contains the well support of price at some different points even since the past. Clearly, the price experienced a great support at S1 and via a notable rise, it could move up to higher amounts. But after being rejected at R2 area, we had its fall down to our support area and then by another support there, the price could experience another rise but R1 area was the point that made it to have more declines via some negative candles after being rejected there. Presently, it is fluctuating over the support area and we expect it to provide us two scenarios after reaching the support area. One of them is giving us some confirmation candles for a rise and then moving toward R1 and even after breaking R1 upward and by providing more fixation and fluctuation over there, more rise would happen in order to touch higher amounts including R2 (that is a good point for saving your profits). But by the time the price falls below R1 and loses the support at its current point or at any other points, definitely more decline will happen then. According to the chart, either of these two options will happen in the coming days. Note that S1 is a great area to put your trade orders but wait for the proper time for that. Please consider the market situation in lower time frames and then decide what to do exactly. We suggest you to save your profits in the resistance areas due to the fact that in the decline of the price, you will not have so much loss. Keep moving with our updates and analyses to have multiple pieces of information and ideas.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Have a great time