Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for HBARUSDT
Here we have R2 that used to be a support area. R1 is our resistance line which includes the disability of the price to rise. And S1 is our long-term support line that represents the support of the price since the past. At the moment, we have the price fluctuating on R1 in a descending channel and via receiving some confirmation candles to rise, we expect it will rise to R2 area. Even it is possible that the price loses the support at this point and surely the price starts a fall toward S1.
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