AUCTIONUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for AUCTIONUSDT
R1, R2, and R3 on the top of this chart are our resistance areas that include the disability of the price to rise. And we have S1, S2, and S3 which are our support areas; containing the support of price at various points. Presently, we see the price is on a decline and it is fluctuating over S1 area. We believe when the price rises up to R1, there are two scenarios. Either a rise would take place for the price to touch R2 after breaking R1 upward. This will happen through providing us some rising signs and a fixation above this area and more increase will take place toward R2 or higher. But by the time the price lose the support and is rejected at any points especially at R1, it faces a decline down to our support areas. Bear in mind that you should check everything before putting your trade orders and then wait for a proper time to have your next action. We recommend you to active your stop-loss for experiencing more logical trades due to the unstable situation of the market. 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.
Wish you luck
