Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for GTCUSDT
In the current chart, R3, R2, and R1 are the resistance areas which contain the unsuccessful attempts of the price to rise. S2 used to be a resistance area. And S1 is our long-term support line at the bottom expressing the well support of price at several points. Thus, the price was rejected at R1 and by a decline it touched S1 line and now we see its fluctuation below this area. The price would have more fall to reach the bottom of S2 and then by providing us some confirmation candles for a rise, there is a possibility of an increase up to R1 and even higher than that via more fluctuation and fixation and the long position of the chart is activated. You know that in case the price loses the support at any points and falls below S1 area, surely more decline happens to it. We recommend you to have every piece of information and idea via our analyses for receiving 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
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for GTCUSDT
In the current chart, R3, R2, and R1 are the resistance areas which contain the unsuccessful attempts of the price to rise. S2 used to be a resistance area. And S1 is our long-term support line at the bottom expressing the well support of price at several points. Thus, the price was rejected at R1 and by a decline it touched S1 line and now we see its fluctuation below this area. The price would have more fall to reach the bottom of S2 and then by providing us some confirmation candles for a rise, there is a possibility of an increase up to R1 and even higher than that via more fluctuation and fixation and the long position of the chart is activated. You know that in case the price loses the support at any points and falls below S1 area, surely more decline happens to it. We recommend you to have every piece of information and idea via our analyses for receiving 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