Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for HIVEUSDT
There is R1 as a resistance area which includes the unsuccessful attempts of the price to rise. R2 used to be a support line and S2 and S1 are our support areas that represent the well support of price at different points. Thus, we have the price fluctuating below R1 area and our prediction would be a little rise in order to reach R2 and there we must receive some confirmation candles to make sure a decline is going to happen. So our short position is activated then and a falling trend will be predicted toward S1. This is not so probable for the price to move above R2 and face more rise.
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 HIVEUSDT
There is R1 as a resistance area which includes the unsuccessful attempts of the price to rise. R2 used to be a support line and S2 and S1 are our support areas that represent the well support of price at different points. Thus, we have the price fluctuating below R1 area and our prediction would be a little rise in order to reach R2 and there we must receive some confirmation candles to make sure a decline is going to happen. So our short position is activated then and a falling trend will be predicted toward S1. This is not so probable for the price to move above R2 and face more rise.
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