KSMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for KSMUSDT
There are R2 and R1 as our resistance areas and they include the unsuccessful triumphs of the price to rise. And S1 is our support line that shows the support of the price at some points. You observe that the price is fluctuating below R1 and we believe it will rise to the height of this area and here two possibilities will happen. Either the price is able to rise over R1 and by a rejection, it will rise again upward. Or the price will lose the support by reaching the top of R1 and will start its decline 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