Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for MATICUSDT
Here we have R1 that used to be a support area and S1 used to be a resistance area. And S2 and S3 are the support areas which contain the well support of price at different points. Hence, we have the fluctuation of price below S1 area. It is expected that the price will reach S2 and there are two scenarios for it. Either it will start a rising trend toward R1 via providing us some confirmation candles, accordingly. Or it will not be supported at S2 and falls below this line and moves downward and faces another increase. The point is to make sure what orders you put and then start trading.
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 MATICUSDT
Here we have R1 that used to be a support area and S1 used to be a resistance area. And S2 and S3 are the support areas which contain the well support of price at different points. Hence, we have the fluctuation of price below S1 area. It is expected that the price will reach S2 and there are two scenarios for it. Either it will start a rising trend toward R1 via providing us some confirmation candles, accordingly. Or it will not be supported at S2 and falls below this line and moves downward and faces another increase. The point is to make sure what orders you put and then start trading.
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
