Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You see the support line S1 which has supported the price in several places where we also had a fake breakout but the price pulled itself back up. There is also the R1 resistance which has held the price down where also here it had a failed breakout but the price came back down. Now the price is back at the S1 line. You see a shadow created which shows the bulls are likely stepping in. You can buy here and set the Stop Loss at the shown area. The price can either go up to the R1 line and get rejected from there or it can break R1 and gradually move to R2.
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. You see the support line S1 which has supported the price in several places where we also had a fake breakout but the price pulled itself back up. There is also the R1 resistance which has held the price down where also here it had a failed breakout but the price came back down. Now the price is back at the S1 line. You see a shadow created which shows the bulls are likely stepping in. You can buy here and set the Stop Loss at the shown area. The price can either go up to the R1 line and get rejected from there or it can break R1 and gradually move to R2.
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