Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for STRAXUSDT
In the current chart, R1 is the resistance area which contains the unsuccessful attempts of price to rise. And S1 and S2 are our support areas at the bottom including their well support of price at several points. Therefore, the price was able to have a rise and then by having a neutral fluctuation, it is on a falling trend toward S1. After reaching the area, we will predict the price to give us some rising signs and an increase is waiting for it to touch R1 besides the activation of the long position of our chart. Or even by not being supported, more fall would take place for the price downward to lower amounts. We recommend you to have every piece of information and idea via our analyses for receiving more profitable trades.
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 STRAXUSDT
In the current chart, R1 is the resistance area which contains the unsuccessful attempts of price to rise. And S1 and S2 are our support areas at the bottom including their well support of price at several points. Therefore, the price was able to have a rise and then by having a neutral fluctuation, it is on a falling trend toward S1. After reaching the area, we will predict the price to give us some rising signs and an increase is waiting for it to touch R1 besides the activation of the long position of our chart. Or even by not being supported, more fall would take place for the price downward to lower amounts. We recommend you to have every piece of information and idea via our analyses for receiving more profitable trades.
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