Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ZILUSDT
Based on our last analysis on June 22, we predicted a rising trend for the price and now you see that it has happened and then the price faced a decline. In this chart, there is R2 area which used to be a support area and the support of the price is clear at some points. R1 is another resistance area and the unsuccessful triumphs of the price to rise is seen on this line. And S1 is a support areas and expresses the well support of the price at some points. Now we have the price fluctuating below R1 and we believe it will rise to R1 and at this point we will consider a short position for it. After that, we expect a decline toward S1 for the price. If the price rises over R1, it may have a fixation and then move toward R2. Also, it is possible for the price to lose the support at this area and start a decline.
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 ZILUSDT
Based on our last analysis on June 22, we predicted a rising trend for the price and now you see that it has happened and then the price faced a decline. In this chart, there is R2 area which used to be a support area and the support of the price is clear at some points. R1 is another resistance area and the unsuccessful triumphs of the price to rise is seen on this line. And S1 is a support areas and expresses the well support of the price at some points. Now we have the price fluctuating below R1 and we believe it will rise to R1 and at this point we will consider a short position for it. After that, we expect a decline toward S1 for the price. If the price rises over R1, it may have a fixation and then move toward R2. Also, it is possible for the price to lose the support at this area and start a decline.
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
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