Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for SHIBUSDT
As we analyzed on July 3, we expected a rising trend and clearly you see the rise has happened after that and all our targets are hit. In the present chart, you see R1 as the resistance area and it expresses the unsuccessful triumphs of the price to rise. And we have S1 as the support area and it contains the support of the price at several points. At the moment, we have the price fluctuating in R1. The long shadows in the previous candles mean there will be a decline in the price. We predict the price will rise to the height of R1 area. This is a good area for saving profits and then we consider a short position here and after that a decline to S1 will be expected. In case the price is able to fix itself over R1, then we predict more rise 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 SHIBUSDT
As we analyzed on July 3, we expected a rising trend and clearly you see the rise has happened after that and all our targets are hit. In the present chart, you see R1 as the resistance area and it expresses the unsuccessful triumphs of the price to rise. And we have S1 as the support area and it contains the support of the price at several points. At the moment, we have the price fluctuating in R1. The long shadows in the previous candles mean there will be a decline in the price. We predict the price will rise to the height of R1 area. This is a good area for saving profits and then we consider a short position here and after that a decline to S1 will be expected. In case the price is able to fix itself over R1, then we predict more rise 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
