Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for RLCUSDT
According to our previous analysis on October 12, we predicted a falling trend to happen after and now our prediction came true. There are R2 and R1 as our resistance areas which both include the disability of the price to rise. And S2 used to be another resistance area in our chart. At the present, we have the fluctuation of price above S1 and our expectation will be a rise to reach R1 and there we should receive some confirmation candles in order to have a decline predicted and then our short position is activated. When we have these signs, a fall will be waiting for the price toward S1. In case the price moves above R1, surely it would face more rise.
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 RLCUSDT
According to our previous analysis on October 12, we predicted a falling trend to happen after and now our prediction came true. There are R2 and R1 as our resistance areas which both include the disability of the price to rise. And S2 used to be another resistance area in our chart. At the present, we have the fluctuation of price above S1 and our expectation will be a rise to reach R1 and there we should receive some confirmation candles in order to have a decline predicted and then our short position is activated. When we have these signs, a fall will be waiting for the price toward S1. In case the price moves above R1, surely it would face more rise.
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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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.
Related publications
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.