YFIUSDT

Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for YFIUSDT

According to our last analysis on January 15, we predicted a decline for the price and here we have this expectation happening correctly. In this chart, R3, R2, and R1 are our resistance areas in which the unsuccessful triumphs of price is obvious. And S2 and S1 used to be resistance areas at the bottom. Therefore, the price is fluctuating over R1 area after breaking it upward and we believe it will continue its rise up to R2 by giving us some confirmation candles for this purpose and even more rise will happen in case it fluctuates over R2. It is probable that the price is rejected at R1 and faces a falling trend to S2 or lower or by moving below S1, more decline happens there. We recommend you to have every piece of information and idea via our analyses for enjoying more profitable trades.

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