SNXUSDT

2023년 3월 1일

Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for SNXUSDT

Here we have R2 and R1 as the resistance areas that express the price was not able to rise at different points. S1 used to be a resistance line. And S2 is a long-term support area in this chart containing the support of price even since the past. Thus, we have the price fluctuating over S1 line in a rising trend after breaking this line upward and we expect it to resume its rise and reach R1. Then by having some rising signs there, we would wait for an increase. So if we receive some confirmation candles to rise, an increase would take place for the price to break R1 upward and even move rise toward R2 area would happen in case the price is supported at R1. In case R1 area is lost and the price is not supported, more fall is predicted there for it to touch lower amounts. So we suggest you to put your trade orders by the time the price is on the pullback toward S1. If the price falls below S1, definitely more decline will happen. Please bear in mind to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.

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