Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FTTUSDT
Here we have R1 as the resistance line and you observe the unsuccessful attempts of the price in order to rise. S1 is our support line and it includes the support of the price at several points. At the present, the price is fluctuating below R1 and above S1 in a triangular shape and we expect either the price will fall to S1 and then experiences a rise toward R1 (which is a good area to consider a long position). Also it is possible for the price to move above R1 and by receiving confirmation candles and a fixation over this line, we will expect more increase for it. It may happen that the price moves below S1 and face more decline.
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 FTTUSDT
Here we have R1 as the resistance line and you observe the unsuccessful attempts of the price in order to rise. S1 is our support line and it includes the support of the price at several points. At the present, the price is fluctuating below R1 and above S1 in a triangular shape and we expect either the price will fall to S1 and then experiences a rise toward R1 (which is a good area to consider a long position). Also it is possible for the price to move above R1 and by receiving confirmation candles and a fixation over this line, we will expect more increase for it. It may happen that the price moves below S1 and face more decline.
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