Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for SHIBUSDT
Based on our last analysis on October 6, we predicted a falling trend to happen and in this chart our expectation has been true. Here we have R2 as a long-term resistance line which contains the disability of the price to rise. R3 is another resistance line as well as R1 that is a 4-hour resistance line for us. And S1 and S2 are support areas in which the well support of price at different points is clear. At the moment, we have the fluctuation of price above S1 and our expectation would be a rise to reach R1 and there we should have some falling signs to consider the short position of our chart and subsequently a decline is predicted for the price to happen to some lower amounts. If the price is able to fluctuate over R1, then more rise is there for it.
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 SHIBUSDT
Based on our last analysis on October 6, we predicted a falling trend to happen and in this chart our expectation has been true. Here we have R2 as a long-term resistance line which contains the disability of the price to rise. R3 is another resistance line as well as R1 that is a 4-hour resistance line for us. And S1 and S2 are support areas in which the well support of price at different points is clear. At the moment, we have the fluctuation of price above S1 and our expectation would be a rise to reach R1 and there we should have some falling signs to consider the short position of our chart and subsequently a decline is predicted for the price to happen to some lower amounts. If the price is able to fluctuate over R1, then more rise is there for it.
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.