Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for NMRUSDT
In the current chart, there are R2 and R1 as the resistance areas that represent the unsuccessful attempts of the price to rise. Also S1 used to be a resistance area at the bottom of our chart. Thus, we have the fluctuation of price below R1 area and we expect it will fall to S1 and by receiving some confirmation candles, we will consider our long position activated and we will wait for an increase of price toward R1 or higher than that. The decline of price below S1 is not expected right now.
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 NMRUSDT
In the current chart, there are R2 and R1 as the resistance areas that represent the unsuccessful attempts of the price to rise. Also S1 used to be a resistance area at the bottom of our chart. Thus, we have the fluctuation of price below R1 area and we expect it will fall to S1 and by receiving some confirmation candles, we will consider our long position activated and we will wait for an increase of price toward R1 or higher than that. The decline of price below S1 is not expected right now.
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