Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LRCUSDT
There is R2 that used to be a support area. R1 is our resistance line that shows the price was not able to rise at some points. And S1 is the support area and you are able to observe the well support of the price in it. Accordingly, we have the price fluctuating over S1 and we expect a fall for it to this area. By reaching here, we should wait for some confirmation candles in order to rise and when this happens, we predict an increase to happen toward R1 for the price by considering our long position. In case the price loses the support at S1, surely more decline is waiting 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
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LRCUSDT
There is R2 that used to be a support area. R1 is our resistance line that shows the price was not able to rise at some points. And S1 is the support area and you are able to observe the well support of the price in it. Accordingly, we have the price fluctuating over S1 and we expect a fall for it to this area. By reaching here, we should wait for some confirmation candles in order to rise and when this happens, we predict an increase to happen toward R1 for the price by considering our long position. In case the price loses the support at S1, surely more decline is waiting 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