Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TRXUSDT
In the present chart, we have R2 that used to a support area. R2 is our resistance line and the disability of the price to rise is shown. And S1 and S2 are the support areas which include the support of the price at several points since the past. Presently, the price is fluctuating in R1 area and we must wait for it to leave the area. Thus we will have two scenarios for it. Either it will rise over R1 and by giving a fixation and receiving some confirmation candles, we expect more rise or it toward R2. Or it is possible to fall below R1 and then have more decline to S1.
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 TRXUSDT
In the present chart, we have R2 that used to a support area. R2 is our resistance line and the disability of the price to rise is shown. And S1 and S2 are the support areas which include the support of the price at several points since the past. Presently, the price is fluctuating in R1 area and we must wait for it to leave the area. Thus we will have two scenarios for it. Either it will rise over R1 and by giving a fixation and receiving some confirmation candles, we expect more rise or it toward R2. Or it is possible to fall below R1 and then have more decline to S1.
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.