Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for YFIUSDT
Based on our previous analysis on February 1, we expected a rise to happen for the price and now we have the prediction come true. Here we have R1 as the resistance area that expresses the price was not able to rise at different points. And S1, S2, and S3 are our support areas in this chart. Thus, we have the price fluctuating above S1 area and we expect it to fall toward the mentioned area. Then by receiving some rising signs by the price, it would rise upward to R1 or more. It happens that there will be some confirmation candles for a decline and a fall to lower amounts is predicted there for the price to reach lower amounts and move below S1. Bear in mind to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
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 YFIUSDT
Based on our previous analysis on February 1, we expected a rise to happen for the price and now we have the prediction come true. Here we have R1 as the resistance area that expresses the price was not able to rise at different points. And S1, S2, and S3 are our support areas in this chart. Thus, we have the price fluctuating above S1 area and we expect it to fall toward the mentioned area. Then by receiving some rising signs by the price, it would rise upward to R1 or more. It happens that there will be some confirmation candles for a decline and a fall to lower amounts is predicted there for the price to reach lower amounts and move below S1. Bear in mind to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
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.