Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for KSMUSDT
Here we have R3 and R2 as the resistance areas that express the price was not able to rise at different points. R1 used to be a support area. And S1 and S2 are our support areas in this chart containing the support of price even since the past. Therefore, we have the price fluctuating at S1 line in a rising trend after facing a decline to this point and we expect it to resume its rise and reach R1. Then by having some rising signs there, we would wait for an increase. So if we receive some confirmation candles to rise, an increase would take place for the price to break R1 upward and even move rise toward R2 area would happen in case the price is supported at R1. But if the price is not supported, more fall is predicted there for it to touch lower amounts. We suggest you to put your trade orders by the time the price is on the pullback to S1. Surely if the price falls below S1, definitely more decline will happen. Please bear in mind to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
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
Here we have R3 and R2 as the resistance areas that express the price was not able to rise at different points. R1 used to be a support area. And S1 and S2 are our support areas in this chart containing the support of price even since the past. Therefore, we have the price fluctuating at S1 line in a rising trend after facing a decline to this point and we expect it to resume its rise and reach R1. Then by having some rising signs there, we would wait for an increase. So if we receive some confirmation candles to rise, an increase would take place for the price to break R1 upward and even move rise toward R2 area would happen in case the price is supported at R1. But if the price is not supported, more fall is predicted there for it to touch lower amounts. We suggest you to put your trade orders by the time the price is on the pullback to S1. Surely if the price falls below S1, definitely more decline will happen. Please bear in mind to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
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