Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the weekly time frame. You can see the S1 and the S2 lines both of which have supported the price. If the price is going to be bullish, then it must stay above the S1 line or at most make a shadow to the S2 line. If it goes below the S1 line, then there would be more falling down to the S3 line. In the daily time frame, the price is supported at the S1 line. It might go up from here or it can also come down to the S2 line and then go up. If it is going to be bullish, then it must break the R1 line and if this happens, it might make a pullback to the R1 line. If this happens, there might be an inverse head-and-shoulder pattern. In any case, the price is bullish provided it breaks and stabilizes above the R1 line. The next target for the price then would be the R2 line which could be around $72K.
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.
We are in the weekly time frame. You can see the S1 and the S2 lines both of which have supported the price. If the price is going to be bullish, then it must stay above the S1 line or at most make a shadow to the S2 line. If it goes below the S1 line, then there would be more falling down to the S3 line. In the daily time frame, the price is supported at the S1 line. It might go up from here or it can also come down to the S2 line and then go up. If it is going to be bullish, then it must break the R1 line and if this happens, it might make a pullback to the R1 line. If this happens, there might be an inverse head-and-shoulder pattern. In any case, the price is bullish provided it breaks and stabilizes above the R1 line. The next target for the price then would be the R2 line which could be around $72K.
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