Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. There is an S1 line which is now the support line and was previously acting as the resistance line. The price broke the S1 line and hit the R1 line, could not break it and made a pullback to the S1 line and currently is fluctuating above the S2 line. We expect it to rise back up to the R1 line but there is also the possibility for the price to go below the S1 line which would change the scenario into bearish which is less likely.
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 daily time frame. There is an S1 line which is now the support line and was previously acting as the resistance line. The price broke the S1 line and hit the R1 line, could not break it and made a pullback to the S1 line and currently is fluctuating above the S2 line. We expect it to rise back up to the R1 line but there is also the possibility for the price to go below the S1 line which would change the scenario into bearish which is less likely.
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