SHIB / TetherUS

SHIBUSDT

311
Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for SHIBUSDT

Here we observe R1 as a long-term resistance line that expresses the disability of the price in order to rise. R2 used to be a support area and S1 used to be a resistance line. Presently, the price fluctuating over S1 and we predict a rise would be there for the price to reach R1 and then by having some falling signs there, there will be another decline for it toward S1. It may happen that the price is able to rise over R1 and face more increase in case it fixes itself over there. Note that it is recommended to activate your stop-loss points in order to have less risky trades.

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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