Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DYDXUSDT
Here we have R1 as the resistance area and you see the unsuccessful attempts of the price in order to rise and then its rejections at some points. And S1 is our support line and it expresses the support of the price at several points. At the moment, the price is fluctuating below R1 and we believe it will rise to R1 and then will face a decline after that. R1 is a good point to confirm the short signal. Even it is probable for the price to move to the height of R1 and by a fixation over this area, we will expect more increase for it.
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 DYDXUSDT
Here we have R1 as the resistance area and you see the unsuccessful attempts of the price in order to rise and then its rejections at some points. And S1 is our support line and it expresses the support of the price at several points. At the moment, the price is fluctuating below R1 and we believe it will rise to R1 and then will face a decline after that. R1 is a good point to confirm the short signal. Even it is probable for the price to move to the height of R1 and by a fixation over this area, we will expect more increase for it.
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