Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for UNIUSDT
Clearly the price started its rising trend above the lost support line (Now R2 line) and then it had a rise and there we formed another resistance line (R1) which resembles that the price was not able to move over it and it was rejected at some times. Then by moving in a channel and reaching the end of this channel it had a rise again and we formed another support line (S1) which shows the support of our price at several points. At the moment, we see the price fluctuating over the first resistance line and we believe it will fix its trend and move upward to the second resistance line and will have more increase. On the opposite, if the price loses the support, it will start falling and by having a pull back, it will face more decline toward the second and third support lines.
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 UNIUSDT
Clearly the price started its rising trend above the lost support line (Now R2 line) and then it had a rise and there we formed another resistance line (R1) which resembles that the price was not able to move over it and it was rejected at some times. Then by moving in a channel and reaching the end of this channel it had a rise again and we formed another support line (S1) which shows the support of our price at several points. At the moment, we see the price fluctuating over the first resistance line and we believe it will fix its trend and move upward to the second resistance line and will have more increase. On the opposite, if the price loses the support, it will start falling and by having a pull back, it will face more decline toward the second and third support lines.
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