Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FTMUSDT
Here you see R1 which used to be a support area and the price was supported several times and then at its last rejection, it reached S1. Obviously, S1, S2, and S3 are our support areas and they all include the support of the price at some points. In the current chart, the price has a fluctuation over S1 and we predict a fall for it toward S1 and then at this point we can consider a short position, especially for those who are looking for less risks in their trades. By the time the price reaches S1, it may either have a rise toward R1 or even it will fall below S1 and face more decline toward S2.
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 FTMUSDT
Here you see R1 which used to be a support area and the price was supported several times and then at its last rejection, it reached S1. Obviously, S1, S2, and S3 are our support areas and they all include the support of the price at some points. In the current chart, the price has a fluctuation over S1 and we predict a fall for it toward S1 and then at this point we can consider a short position, especially for those who are looking for less risks in their trades. By the time the price reaches S1, it may either have a rise toward R1 or even it will fall below S1 and face more decline toward S2.
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