Long
LITUSDT
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LITUSDT
Here we have R2 as our resistance area. R1 used to be a support area and S1 and S2 are our other support areas and they include the support of the price at some points, clearly. At the present, the price is fluctuating below R1 and we believe it will fall to S1 after a little rise. When it reaches the area near S1, we can consider a long position for it up to R1. And in case the price moves over R1 and gives a fixation there, we will have more rise for it even toward R2. But if the price is able to fix below S1, we will have our short position activated and then more fall would be expected for it to 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 LITUSDT
Here we have R2 as our resistance area. R1 used to be a support area and S1 and S2 are our other support areas and they include the support of the price at some points, clearly. At the present, the price is fluctuating below R1 and we believe it will fall to S1 after a little rise. When it reaches the area near S1, we can consider a long position for it up to R1. And in case the price moves over R1 and gives a fixation there, we will have more rise for it even toward R2. But if the price is able to fix below S1, we will have our short position activated and then more fall would be expected for it to 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.