Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for RNDRUSDT
R1 and R2 on the top of this chart are our resistance areas that include the disability of the price to rise. And we have S1 and S2 which are our support areas; containing the support of price at various points. At the moment, we see the price is on a decline after being rejected at R1 and it is fluctuating over S1 area. We believe when the price falls to the bottom of S1 by continuing its decline and then via providing us some confirmation candles for the purpose of a rise, more increase is expected for it to reach R1 or even by more fixation and fluctuation over there, more rise would happen definitely to R2; that is a great point for saving profits. But by the time the price loses the support and is rejected at any points especially at R1, or even by falling below S1, clearly it faces more decline down to our second support area. Bear in mind that you should check everything before putting your trade orders and then wait for a proper time to have your next action. We recommend you to active your stop-loss for experiencing more logical trades due to the unstable situation of the market. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
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 RNDRUSDT
R1 and R2 on the top of this chart are our resistance areas that include the disability of the price to rise. And we have S1 and S2 which are our support areas; containing the support of price at various points. At the moment, we see the price is on a decline after being rejected at R1 and it is fluctuating over S1 area. We believe when the price falls to the bottom of S1 by continuing its decline and then via providing us some confirmation candles for the purpose of a rise, more increase is expected for it to reach R1 or even by more fixation and fluctuation over there, more rise would happen definitely to R2; that is a great point for saving profits. But by the time the price loses the support and is rejected at any points especially at R1, or even by falling below S1, clearly it faces more decline down to our second support area. Bear in mind that you should check everything before putting your trade orders and then wait for a proper time to have your next action. We recommend you to active your stop-loss for experiencing more logical trades due to the unstable situation of the market. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
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