Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You can see that the price was able to break the S1 line. Now it is making its pullback to the S1 line. If it stabilizes above the S1 line, you can buy it for higher targets. If it goes below the S1 line, then S2 would be the good place to buy. You can also see that there is an inverse head-and-shoulder pattern. If that is the case then the right shoulder needs to be completed and the price can go up to at east the shown area on the chart. There is also the R1 line which is the target for the price if the head-and-shoulder pattern is going to be completed. In the bigger picture, there is also a Flag pattern formed which indicates that the price can go up much much higher.
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.
We are in the daily time frame. You can see that the price was able to break the S1 line. Now it is making its pullback to the S1 line. If it stabilizes above the S1 line, you can buy it for higher targets. If it goes below the S1 line, then S2 would be the good place to buy. You can also see that there is an inverse head-and-shoulder pattern. If that is the case then the right shoulder needs to be completed and the price can go up to at east the shown area on the chart. There is also the R1 line which is the target for the price if the head-and-shoulder pattern is going to be completed. In the bigger picture, there is also a Flag pattern formed which indicates that the price can go up much much higher.
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