Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has a resistance line R2 which has kept the price down. It has also created another resistance line R1 which has not let the price go up as well. There are two support lines S1 and S2. You can see that yesterday’s candle was closed with a long shadow at the S1 line. It can go up to the R1 line and if R1 is also broken, it will see higher prices. The market needs to be neutral so that it will break the R1 line. It is not a critical condition yet therefore there is the chance for the price to go up from here.
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.
We are in the daily time frame. The price has a resistance line R2 which has kept the price down. It has also created another resistance line R1 which has not let the price go up as well. There are two support lines S1 and S2. You can see that yesterday’s candle was closed with a long shadow at the S1 line. It can go up to the R1 line and if R1 is also broken, it will see higher prices. The market needs to be neutral so that it will break the R1 line. It is not a critical condition yet therefore there is the chance for the price to go up from here.
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