Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for KSMUSDT
In this chart, we have R2 and R1 as the resistance areas which both represent the unsuccessful triumphs of the price to rise. And S1 and S2 are our support areas at the bottom in which the support of price at several points is obvious. Hence, we have the price fluctuating over S1 and we believe it will start a rising trend after a little fall and by giving us some confirmation candles to rise, our long position is activated and then the price will rise toward R1 or some higher amounts. It seems that the possibility of a fall below S1 is so low for the price at the moment.
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 KSMUSDT
In this chart, we have R2 and R1 as the resistance areas which both represent the unsuccessful triumphs of the price to rise. And S1 and S2 are our support areas at the bottom in which the support of price at several points is obvious. Hence, we have the price fluctuating over S1 and we believe it will start a rising trend after a little fall and by giving us some confirmation candles to rise, our long position is activated and then the price will rise toward R1 or some higher amounts. It seems that the possibility of a fall below S1 is so low for the price at the moment.
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