Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for PNTUSDT
Here we have R1 and R2 as the resistance areas and both express the price was not able to rise at different points. And at the bottom of the chart, S1 is our support line which includes the well support of price at several points. Hence, we have the price fluctuating below R1 and we expect it to have a little rest at this point and then rise and then we should receive some signs. In case we have some rising signs, an increase would be there for the price up to R1. Also, if the price loses the support here or at R1, a decline will be there for it to reach lower amounts such as S1. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely.
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 PNTUSDT
Here we have R1 and R2 as the resistance areas and both express the price was not able to rise at different points. And at the bottom of the chart, S1 is our support line which includes the well support of price at several points. Hence, we have the price fluctuating below R1 and we expect it to have a little rest at this point and then rise and then we should receive some signs. In case we have some rising signs, an increase would be there for the price up to R1. Also, if the price loses the support here or at R1, a decline will be there for it to reach lower amounts such as S1. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely.
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