Hello dear traders,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for ORNUSDT
Obviously there wee see four areas on the top including R4, 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 as a support area in the current chart with its support of price at several points even in the past. The price was rejected at R4 and after experiencing some ups and downs and a falling trend to lower amounts, it had more successive supports at S1 area and finally it was capable of having a great rise through some positive Marubozu Candles and an it could break R1 line upward. Therefore, it was rejected again via a negative Marubozu candle with a shadow, which means the high pressure of sellers, and now it is moving and fluctuating over R1 area. It is predicted to have a fall recovery to the mentioned line again of the mentioned area and via providing us two scenarios, we would have a rising or a falling trend to happen. Either the price is able to be supported at R1 and by breaking this line upward and retesting and providing more fixation and rising signs for us, we will expect more increase for it to touch R2 or R3 (which are proper point for saving your profits). Or it is probable that 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 touches S1 and is supported there, 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 ORNUSDT
Obviously there wee see four areas on the top including R4, 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 as a support area in the current chart with its support of price at several points even in the past. The price was rejected at R4 and after experiencing some ups and downs and a falling trend to lower amounts, it had more successive supports at S1 area and finally it was capable of having a great rise through some positive Marubozu Candles and an it could break R1 line upward. Therefore, it was rejected again via a negative Marubozu candle with a shadow, which means the high pressure of sellers, and now it is moving and fluctuating over R1 area. It is predicted to have a fall recovery to the mentioned line again of the mentioned area and via providing us two scenarios, we would have a rising or a falling trend to happen. Either the price is able to be supported at R1 and by breaking this line upward and retesting and providing more fixation and rising signs for us, we will expect more increase for it to touch R2 or R3 (which are proper point for saving your profits). Or it is probable that 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 touches S1 and is supported there, 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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.