Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for POLSUSDT
R3, R2, and R1 are the resistance areas in this chart with their presentation of the disability of the price to rise at several points. S2 used to be a resistance area in the past. And S1 is a long-term support line clearly that contains the support of price at various points. At the moment, the price had a falling trend and it is fluctuating below S1 as you observe. By having its fall continued to touch S1, we will have a rise expected for it to reach higher amounts. Subsequently, we must wait for some confirmation candles to rise and an increase would be there for the price to reach R1 or by having more fixation over there, more rise is expected then toward R2 area. Also by giving us some falling signs at any points or through moving below S1, more decline is definitely will be waiting for the price toward lower amounts. Note that for enjoying less risky trades, we recommend you to obtain every piece of information and details through our analyses and updates.
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