Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for SHIBUSDT
According to our previous analysis on May 15, we predicted more fall for the price and now you can see this has happened. In this chart, we observe the price moved its fluctuation toward R1 line after losing the previous support line (now R2 line). R1 shows that the price could not break it and was rejected and then reached the S1 line and then had a little rise. At the moment, the price is fluctuating below the yellow line (our resistance line in a 4-hour time frame). We believe if the price breaks this line upward, then it will have more rise toward R1 an R2 areas. In case it loses the support, it will fall toward the bottom of S1.
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
According to our previous analysis on May 15, we predicted more fall for the price and now you can see this has happened. In this chart, we observe the price moved its fluctuation toward R1 line after losing the previous support line (now R2 line). R1 shows that the price could not break it and was rejected and then reached the S1 line and then had a little rise. At the moment, the price is fluctuating below the yellow line (our resistance line in a 4-hour time frame). We believe if the price breaks this line upward, then it will have more rise toward R1 an R2 areas. In case it loses the support, it will fall toward the bottom of S1.
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
