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Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DOTUSDT
There is R1 on the top of the chart which is the resistance area and it represents the unsuccessful triumphs of the price to rise at several points. S1 used to be a support area. S2 is a 4-hour support line. And S3 is our support area that contains the support of price at some points. At the present, we see the fluctuation of price is S1 area while it could e supported at S2 and had a rise up to this point. Our expectation would include another fall to S2 (as it used to have int the past) and when the price is supported and by giving us some rising signs, we must wait for its more increase to higher amounts such as R1. It is possible that the price loses the support and starts a decline below S2 and down to our third support area. So in this situation, a falling trend will happen. Please consider the market situation in lower time frames and then decide what to do exactly; based on the multiple pieces of information which you would obtain from our analyses and updates.
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 DOTUSDT
There is R1 on the top of the chart which is the resistance area and it represents the unsuccessful triumphs of the price to rise at several points. S1 used to be a support area. S2 is a 4-hour support line. And S3 is our support area that contains the support of price at some points. At the present, we see the fluctuation of price is S1 area while it could e supported at S2 and had a rise up to this point. Our expectation would include another fall to S2 (as it used to have int the past) and when the price is supported and by giving us some rising signs, we must wait for its more increase to higher amounts such as R1. It is possible that the price loses the support and starts a decline below S2 and down to our third support area. So in this situation, a falling trend will happen. Please consider the market situation in lower time frames and then decide what to do exactly; based on the multiple pieces of information which you would obtain from our analyses and updates.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.