Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ADAUSDT
According to our previous analysis on July 3, we predicted a falling trend and now you see this has happened after a little rise. In this chart, we have R3 and R2 as our resistance areas that include the unsuccessful triumphs of the price to rise. And R1 used to be a support area and S1 is our support area which expresses the support of the price since the past. Now we have the price fluctuating in S1 and we expect it to rise to R1. In case it moves above R1 and we receive confirmation candles, then more rise will be waiting for it. Also, if the price is rejected by reaching at R1, it will face more decline even below S1.
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 ADAUSDT
According to our previous analysis on July 3, we predicted a falling trend and now you see this has happened after a little rise. In this chart, we have R3 and R2 as our resistance areas that include the unsuccessful triumphs of the price to rise. And R1 used to be a support area and S1 is our support area which expresses the support of the price since the past. Now we have the price fluctuating in S1 and we expect it to rise to R1. In case it moves above R1 and we receive confirmation candles, then more rise will be waiting for it. Also, if the price is rejected by reaching at R1, it will face more decline even below S1.
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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