Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TRUUSDT
In this chart, we have R1 as a resistance line and you see that the price was not able to rise. Also S1 is the support line that expresses the support of the price at several points. Now we have the price fluctuating below R1 and the shadow in the previous candle represents a decline in the near future. Therefore, we expect a little rise for the price to the height of R2 and then we consider a short position here. Then the price will fall to S1. In case the price moves above R1 and we receive confirmation candles, then more rise would happen for it.
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 TRUUSDT
In this chart, we have R1 as a resistance line and you see that the price was not able to rise. Also S1 is the support line that expresses the support of the price at several points. Now we have the price fluctuating below R1 and the shadow in the previous candle represents a decline in the near future. Therefore, we expect a little rise for the price to the height of R2 and then we consider a short position here. Then the price will fall to S1. In case the price moves above R1 and we receive confirmation candles, then more rise would happen for it.
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