Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for IRISUSDT
In this chart, R2 is our resistance line in which the unsuccessful triumphs of price is obvious. R1 used to be a support area. S1 used to be a resistance area. And at the bottom of the chart, we have S2 that are the support areas and contain the well support of price at various points. At the moment, we observe the fluctuation of price below R1 after a rising trend to this area and our expectation would include a rise or a fall via some confirmation candles to receive. So by the price providing us some rising signs, an increase is expected for it to reach R2. But if the price loses the support and falls below S1, more decline would happen to it. Please bear in mind that you need multiple pieces of information which you would obtain from our updates and analyses.
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