POLSUSDT
How do you do dear friends,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for POLSUSDT
On the top, there are R1 and R2 as the long-term resistance areas which mention that the price was not able to rise at different points. And S1 is a long-term support area of this chart that includes the support of price variously since the past. As we had in the past, the rejection of price at R2 made it to fall and touch S1 area but after receiving several supports by this area, the price made a recovery and rise to higher amounts even though it was not successful to rise over our second resistance area. After the last rejection at that area, it fell below R1 and we see its movement here ultimately. At the moment, we have the price fluctuating below the first resistance area and we predict it to have some range here and then face a decline downward although we have had some positive candles recently. Then by being supported at our S1 area and providing us some rising signs, another rise is predicted for it to touch R1 and also R2 via more fixation and support over R1 area. Presently, the possibility of a correction in the price trend is high and we will wait for the price to move down to lower amounts. S1 would be a great point for putting your sale orders but you should wait for the price to be supported here and on its trend upward and via retesting the situation, you are able to put your orders. Please do not forget to wait for some signs such as confirmation candles in order to make sure of what will be your next movement and then act wisely. Our suggestion is to put your stop-loss point based on your amount of loss that you can risk at and try to experience more logical trades.
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 success
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for POLSUSDT
On the top, there are R1 and R2 as the long-term resistance areas which mention that the price was not able to rise at different points. And S1 is a long-term support area of this chart that includes the support of price variously since the past. As we had in the past, the rejection of price at R2 made it to fall and touch S1 area but after receiving several supports by this area, the price made a recovery and rise to higher amounts even though it was not successful to rise over our second resistance area. After the last rejection at that area, it fell below R1 and we see its movement here ultimately. At the moment, we have the price fluctuating below the first resistance area and we predict it to have some range here and then face a decline downward although we have had some positive candles recently. Then by being supported at our S1 area and providing us some rising signs, another rise is predicted for it to touch R1 and also R2 via more fixation and support over R1 area. Presently, the possibility of a correction in the price trend is high and we will wait for the price to move down to lower amounts. S1 would be a great point for putting your sale orders but you should wait for the price to be supported here and on its trend upward and via retesting the situation, you are able to put your orders. Please do not forget to wait for some signs such as confirmation candles in order to make sure of what will be your next movement and then act wisely. Our suggestion is to put your stop-loss point based on your amount of loss that you can risk at and try to experience more logical trades.
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 success
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