STGUSDT
How do you do,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for STGUSDT
Clearly, R4, R3, and R2 are the resistance areas in this chart with their presentation of the disability of the price to rise at several points. R1 used to be a support area. And S1 is our support area at the bottom that contains the support of price at some different points. As it is shown in the chart, the price experienced a severe fall down to S1 and by the time it was not able to rise above R3 at several points, it had a rejection and decline each time after touching the mentioned area. Then when it was rejected at R3 for the last time and by receiving support at S1, it rose again toward our first resistance area. Thus, it is fluctuating in R1 area now and we predict it to provide us two scenarios. One of them is breaking R1 upward and by giving us some fixation and fluctuation, more rise is there for it to touch higher amounts including R2 or R3. But by the time the price falls below R1 and loses the support, definitely more decline will happen then. According to the chart, we believe the price would have some correction and it is possible to fall toward S1 and then start another rise upward. Please consider the market situation in lower time frames and then decide what to do exactly. We suggest you to save your profits in the resistance areas due to the fact that in the decline of the price, you will not have so much loss. Keep moving with our updates and analyses to have multiple pieces of information and ideas.
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 STGUSDT
Clearly, R4, R3, and R2 are the resistance areas in this chart with their presentation of the disability of the price to rise at several points. R1 used to be a support area. And S1 is our support area at the bottom that contains the support of price at some different points. As it is shown in the chart, the price experienced a severe fall down to S1 and by the time it was not able to rise above R3 at several points, it had a rejection and decline each time after touching the mentioned area. Then when it was rejected at R3 for the last time and by receiving support at S1, it rose again toward our first resistance area. Thus, it is fluctuating in R1 area now and we predict it to provide us two scenarios. One of them is breaking R1 upward and by giving us some fixation and fluctuation, more rise is there for it to touch higher amounts including R2 or R3. But by the time the price falls below R1 and loses the support, definitely more decline will happen then. According to the chart, we believe the price would have some correction and it is possible to fall toward S1 and then start another rise upward. Please consider the market situation in lower time frames and then decide what to do exactly. We suggest you to save your profits in the resistance areas due to the fact that in the decline of the price, you will not have so much loss. Keep moving with our updates and analyses to have multiple pieces of information and ideas.
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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