Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for OCEANUSDT
Here we have R1 and R2 as the resistance areas that express the price was not able to rise at different points. And S1 is our long-term support area in this chart containing the support of price even since the past. Hence, we have the price fluctuating over S1 area in a neutral channel and we expect it to fall and reach the mentioned area. Then by receiving some rising signs there, we would wait for an increase. So if we receive some confirmation candles to rise, an increase would take place for the price to reach upward to R1 (which is a good point for saving profits) and even more rise to R2 is expected for the price by more fluctuation. Also it happens that there will be some signs for a decline and when the price is not supported anymore, and a fall is predicted there for it to touch lower amounts and move below S1. Please bear in mind to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
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 OCEANUSDT
Here we have R1 and R2 as the resistance areas that express the price was not able to rise at different points. And S1 is our long-term support area in this chart containing the support of price even since the past. Hence, we have the price fluctuating over S1 area in a neutral channel and we expect it to fall and reach the mentioned area. Then by receiving some rising signs there, we would wait for an increase. So if we receive some confirmation candles to rise, an increase would take place for the price to reach upward to R1 (which is a good point for saving profits) and even more rise to R2 is expected for the price by more fluctuation. Also it happens that there will be some signs for a decline and when the price is not supported anymore, and a fall is predicted there for it to touch lower amounts and move below S1. Please bear in mind to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
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