Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for MBLUSDT
Here we have R2 and R1 as our resistance areas that express the unsuccessful triumphs of the price to rise. And S1 is a support area at the bottom of chart which contains the well support of price. At the moment, we have the fluctuation of price in R1 after being in a rising trend and there would be two options available here for us. Either we receive some rising signs by the price and an increase is expected for it toward R2 or higher. Or it happens that the price loses the support at this point and starts a decline down to S1. It is highly recommended to activate your stop-loss points due to the unstable situation of market.
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 MBLUSDT
Here we have R2 and R1 as our resistance areas that express the unsuccessful triumphs of the price to rise. And S1 is a support area at the bottom of chart which contains the well support of price. At the moment, we have the fluctuation of price in R1 after being in a rising trend and there would be two options available here for us. Either we receive some rising signs by the price and an increase is expected for it toward R2 or higher. Or it happens that the price loses the support at this point and starts a decline down to S1. It is highly recommended to activate your stop-loss points due to the unstable situation of market.
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