Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LINKUSDT
Obliviously, you see that the price was rejected by R1 (which is a long-term resistance line) at some points although it tried to move over it. Then it reached at S1 which is a long-term support line and in fact it shows the support of the price at several points, as well. After moving over R1 and fluctuating on this line, the price had another fall and touched S1 again. At this point, the price was able to rise a little and now it is fluctuating over the R1 again. We expect the price to have its rising trend toward R2 area. But it my happen that the price loses the supportive trend and fall again to S1.
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 LINKUSDT
Obliviously, you see that the price was rejected by R1 (which is a long-term resistance line) at some points although it tried to move over it. Then it reached at S1 which is a long-term support line and in fact it shows the support of the price at several points, as well. After moving over R1 and fluctuating on this line, the price had another fall and touched S1 again. At this point, the price was able to rise a little and now it is fluctuating over the R1 again. We expect the price to have its rising trend toward R2 area. But it my happen that the price loses the supportive trend and fall again to S1.
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
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