Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for EGLDUSDT
Here we have R2 and R1 as the resistance areas that represent the unsuccessful triumphs of the price to rise. S1 is our 4-hour support line and S2 is another support area in which the support of price at different points is clear. Thus, we have the price fluctuating above R1 and our expectation would be a rise up to R2 and then by being rejected to R1, another increase is waiting for the price upward. If the price reaches R1 and is not supported, it faces a decline toward S2.
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 EGLDUSDT
Here we have R2 and R1 as the resistance areas that represent the unsuccessful triumphs of the price to rise. S1 is our 4-hour support line and S2 is another support area in which the support of price at different points is clear. Thus, we have the price fluctuating above R1 and our expectation would be a rise up to R2 and then by being rejected to R1, another increase is waiting for the price upward. If the price reaches R1 and is not supported, it faces a decline toward S2.
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.