ARBUSDTHello again,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for ARBUSDT
Here we see R3, R2, and R1 as the resistance areas which contain the price disability in order to rise at different points. And S1 at the bottom, used to be a resistance area. So we observe that the price was able to break S1 area upward and by reaching to higher amounts, it was rejected at R3. Then it had a decline down to S1 again and finally it was able to move over the mentioned area. At the present we see it is fluctuating in a rising trend toward R1 and we believe the price will continue its rise upward. If the current candle is formed positively, the possibility of having the three white soldiers pattern would be high and subsequently a rise would be there for the price toward R1. So via receiving more support and rising signs, the price experiences more increase even over R1 area. At the moment it is not so probable that the price has more fall below S1. This means that when the price is fluctuating over S1, a fall won’t happen. It is suggested to wait for future and wait for some signs in order to make sue of the next trade action and then have more precise prediction for you. Be aware of activating your stop-loss in order to have less loss and less risky trades. Please be attentive to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Have a great time
