Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DOTUSDT
As we analyzed on July 31, we predicted a rising trend and now one of our targets is hit. In this chart, we have R2 as our resistance line that shows the disability of the price to rise. R1 is our 4-hour resistance line. S1 used to be a resistance line and then S2 is our support line that includes the support of the price at some points. Here we have the price fluctuating below R1 and we expect it will fall to S1 and then by giving us some confirmation candles, it will experience a rise to R1 or even more. It is less probable for the price to lose the support and fall below S1. Then if it fixes below S1, then this line will change into a resistance line.
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 DOTUSDT
As we analyzed on July 31, we predicted a rising trend and now one of our targets is hit. In this chart, we have R2 as our resistance line that shows the disability of the price to rise. R1 is our 4-hour resistance line. S1 used to be a resistance line and then S2 is our support line that includes the support of the price at some points. Here we have the price fluctuating below R1 and we expect it will fall to S1 and then by giving us some confirmation candles, it will experience a rise to R1 or even more. It is less probable for the price to lose the support and fall below S1. Then if it fixes below S1, then this line will change into a resistance line.
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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