Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FTMUSDT
Here we see R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1 is a long-term support area at the bottom of the chart which represents the support of price since the past. Presently, we have the fluctuation of price over S1 and we believe it will fall to this area again and by giving us some rising signs, an increase is expected for the price to higher amounts such as R1 or R2. If the price loses the support at any point, even by reaching R1, it will experience more decline then. It is highly recommended to activate your stop-loss points for the purpose unstable situation of market.
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 we see R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1 is a long-term support area at the bottom of the chart which represents the support of price since the past. Presently, we have the fluctuation of price over S1 and we believe it will fall to this area again and by giving us some rising signs, an increase is expected for the price to higher amounts such as R1 or R2. If the price loses the support at any point, even by reaching R1, it will experience more decline then. It is highly recommended to activate your stop-loss points for the purpose unstable situation of market.
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