BELUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BELUSDT
There is R1 as the resistance line which represents the disability of the price in order to rise. S2 used to be a resistance line and S1 is our support line which shows the support of the price at some points since the past. Presently, we have the price fluctuation over S2 and we predict a falling trend to S1 and by considering the long position and by making sure via some confirmation candles, a rise is expected for the price to R1. Even it is less probable for the price to lose the support by reaching S1 and then have more decline.
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