SHIBUSDT
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for SHIBUSDT
There are R2 and R1 on the top which are our resistance areas and include the disability of the price to rise. And we have S2 which used to be a long-term resistance line. And finally, S1 is the support line at the bottom of the chart with its support of price at several points. Thus, we have the fluctuation of price in R1 area and we believe it will have its falling trend continued down to S1 and then we would expect two scenarios to happen. Via providing us some confirmation candles to rise, an increase would happen for the price toward higher amounts like R2. Or possibly there would be a decline to lower amounts in case the price moves below S1. The point is if you are looking for wise trades and less risky ones, our suggestion will be following our regular updates.
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 SHIBUSDT
There are R2 and R1 on the top which are our resistance areas and include the disability of the price to rise. And we have S2 which used to be a long-term resistance line. And finally, S1 is the support line at the bottom of the chart with its support of price at several points. Thus, we have the fluctuation of price in R1 area and we believe it will have its falling trend continued down to S1 and then we would expect two scenarios to happen. Via providing us some confirmation candles to rise, an increase would happen for the price toward higher amounts like R2. Or possibly there would be a decline to lower amounts in case the price moves below S1. The point is if you are looking for wise trades and less risky ones, our suggestion will be following our regular updates.
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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