Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LINKBTC
Based on our previous analysis on August 13, we predicted a falling trend and now you see that the prediction came true and one of our targets is hit. In this chart, we have R2 and R1 as our resistance areas and both contain the disability of the price to rise. And S1 used to be a resistance area. Obviously, we have the price fluctuating in S1 and we expect a little decline for it to reach the bottom of this area. Then here by receiving some confirmation candles in order to rise, we consider the long position and for sure the price will face an increase to R1. Even it my happen that the price loses the support and start a falling tend 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 LINKBTC
Based on our previous analysis on August 13, we predicted a falling trend and now you see that the prediction came true and one of our targets is hit. In this chart, we have R2 and R1 as our resistance areas and both contain the disability of the price to rise. And S1 used to be a resistance area. Obviously, we have the price fluctuating in S1 and we expect a little decline for it to reach the bottom of this area. Then here by receiving some confirmation candles in order to rise, we consider the long position and for sure the price will face an increase to R1. Even it my happen that the price loses the support and start a falling tend 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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