ATOMUSDT
Hello dear friends,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for ATOMUSDT
Obviously there wee see some areas on the top including R3, R2, and R1 that all are our resistance areas and demonstrate the disability of the price to rise at various points. And we have S1 and S2 as our support areas in the current chart with their support of price at several points even in the past. The price was supported well at S1 line at some points and after each support it could rise to higher amounts. But by having the disability to rise more at 1 line, it was on a decline again and is now under fluctuation over S2 area. This is a corrective trend for the price at the present, it was rejected again via a negative Marubozu candle to lower amounts which means the high pressure of sellers. Now it is moving and fluctuating over S1 area and it is predicted to have a range at this point and after a fall and then a recovery, besides providing us some signs, it we would have a rising trend to happen. If the last candle is closed over S1, then we expect more rise to happen. But if the formation of the last candle is done below S1 line, then the possibility of a decline is high then. Either the price is able to be supported at R1 and by moving toward R2 and breaking this area upward and retesting and providing more fixation and rising signs for us, we will expect more increase for it to touch R3 (which is another proper point for saving your profits). By the time the price loses the support at R1 and via falling below it and losing the support, more decline will take place down to S1. But remember that by the time the price loses S2 support, it will touch more lower amounts as more decline. Remember to wait for the price to be supported at S2 and on its recovery trend and returning process, you can enter trading and put your sale orders. It is better to check every detail and information before doing anything. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for ATOMUSDT
Obviously there wee see some areas on the top including R3, R2, and R1 that all are our resistance areas and demonstrate the disability of the price to rise at various points. And we have S1 and S2 as our support areas in the current chart with their support of price at several points even in the past. The price was supported well at S1 line at some points and after each support it could rise to higher amounts. But by having the disability to rise more at 1 line, it was on a decline again and is now under fluctuation over S2 area. This is a corrective trend for the price at the present, it was rejected again via a negative Marubozu candle to lower amounts which means the high pressure of sellers. Now it is moving and fluctuating over S1 area and it is predicted to have a range at this point and after a fall and then a recovery, besides providing us some signs, it we would have a rising trend to happen. If the last candle is closed over S1, then we expect more rise to happen. But if the formation of the last candle is done below S1 line, then the possibility of a decline is high then. Either the price is able to be supported at R1 and by moving toward R2 and breaking this area upward and retesting and providing more fixation and rising signs for us, we will expect more increase for it to touch R3 (which is another proper point for saving your profits). By the time the price loses the support at R1 and via falling below it and losing the support, more decline will take place down to S1. But remember that by the time the price loses S2 support, it will touch more lower amounts as more decline. Remember to wait for the price to be supported at S2 and on its recovery trend and returning process, you can enter trading and put your sale orders. It is better to check every detail and information before doing anything. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
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