Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for HBARUSDT
Here we have R2 and R1 as the resistance areas which include the unsuccessful triumphs of the price to rise. S1 is our 4-hour support line and S2 and S3 are our support areas which represent the well support of the price at some points. Here we have the price fluctuating over S1 and we predict a fall would happen to S2. By reaching this point, we will have two options for it. Either we receive some confirmation candles and rising signs and then we consider a long position and an increase will happen for the price up to R1 or more. Or the price may lose the support here and by having a short position, it starts a decline below S1 and even more to S2. Wait for some signs to make sure and then decide on your position and trade orders.
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 HBARUSDT
Here we have R2 and R1 as the resistance areas which include the unsuccessful triumphs of the price to rise. S1 is our 4-hour support line and S2 and S3 are our support areas which represent the well support of the price at some points. Here we have the price fluctuating over S1 and we predict a fall would happen to S2. By reaching this point, we will have two options for it. Either we receive some confirmation candles and rising signs and then we consider a long position and an increase will happen for the price up to R1 or more. Or the price may lose the support here and by having a short position, it starts a decline below S1 and even more to S2. Wait for some signs to make sure and then decide on your position and trade orders.
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