MDXUSDT
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 2-hour-time frame analysis for MDXUSDT
Here we have R2 and R1 as the resistance areas that include the unsuccessful triumphs of the price to rise. And S1 is a support area at the bottom with its well support of price. Presently, we have the fluctuation of price below R1 and we expect a rising trend for it to reach this line (according to its past behavior). Then we must wait for two scenarios to happen. If the price provides some rising signs, definitely a rise is expected for it to higher amounts including R2. Or it happens that the price is not supported here and starts a decline toward S1. Remember to activate your stop-loss points due to the unstable market situation.
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 2-hour-time frame analysis for MDXUSDT
Here we have R2 and R1 as the resistance areas that include the unsuccessful triumphs of the price to rise. And S1 is a support area at the bottom with its well support of price. Presently, we have the fluctuation of price below R1 and we expect a rising trend for it to reach this line (according to its past behavior). Then we must wait for two scenarios to happen. If the price provides some rising signs, definitely a rise is expected for it to higher amounts including R2. Or it happens that the price is not supported here and starts a decline toward S1. Remember to activate your stop-loss points due to the unstable market situation.
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.