Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for VETUSDT
In this chart, we have R2 that used to be a support area and R1 is our resistance area which represents the unsuccessful attempts of the price to rise. S2 used to be a resistance area and S1 used to be a resistance line, as well and Also S2 is our support line that shows the support of the price at some points. Here we have the fluctuation of price below R1. Our prediction would be a fall toward S2 and here by having some rising signs, we will consider the long position and then we expect a rise for the price to R1 or even higher. If the price possibly moves below S2, then more decline will happen for it.
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