TRXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TRXUSDT
According to our last analysis on August 9, we expected a falling trend and now our expectation came true and all our targets are hit. Here we have R1 that used to be a support line. And S1 and S2 are the support areas which express the support of the price at several points. At the moment, we have the price fluctuating on S1 and we have two scenarios to happen. Either we will receive some rising signs and confirmation candles and we predict an increase for the price to R1 and more. Or the price loses the support here and it will face a decline toward S2. So we must wait and see what happens in the future.
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