RLCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for RLCUSDT
Here we observe R2 and R1 are the resistance areas that contain the disability of the price in order to rise. And S1 and S2 are the support areas which express the support of price at different points. Thus, we have the fluctuation of price in S1 area and we predict two options to happen for it. Either the price will give us some confirmation candles to rise and surely an increase will happen toward R1 or R2. Or the price is not supported in S1 and faces a decline down to S2. Don't forget to activate your stop-loss points due to the unstable situation of market.
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