Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. As you can see the price has been able to break its resistance line to the upside and this line has turned into a support line. After fluctuating above it, the price has made a come back to the line which can be considered as a pullback. The price can be supported here and move toward our target. We can also see an inverse head-and-shoulder pattern in the picture which can lead to the price increase. But if it goes below our support line and stabilize there, we will have more falling which is less likely.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Mars Signals team wishes you high profits.
We are in the daily time frame. As you can see the price has been able to break its resistance line to the upside and this line has turned into a support line. After fluctuating above it, the price has made a come back to the line which can be considered as a pullback. The price can be supported here and move toward our target. We can also see an inverse head-and-shoulder pattern in the picture which can lead to the price increase. But if it goes below our support line and stabilize there, we will have more falling which is less likely.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
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.