Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FLMUSDT
Here we have R1 as the resistance area and it expresses the price was not able to rise at different points. R2 used to be a support area. S2 used to be a long-term resistance line. And at the bottom of the chart, S1 is our support line that includes the well support of price. Hence, we have the price fluctuating below R1 and we expect it to have a rise and touch this area. Then by providing some confirmation candles to fall, a decline would be there for it to reach lower amounts such as S1. But if the price fluctuates above R1, it will have more rise to R2 or more. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely.
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 FLMUSDT
Here we have R1 as the resistance area and it expresses the price was not able to rise at different points. R2 used to be a support area. S2 used to be a long-term resistance line. And at the bottom of the chart, S1 is our support line that includes the well support of price. Hence, we have the price fluctuating below R1 and we expect it to have a rise and touch this area. Then by providing some confirmation candles to fall, a decline would be there for it to reach lower amounts such as S1. But if the price fluctuates above R1, it will have more rise to R2 or more. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely.
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