LINAUSDTHello there,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for LINAUSDT
In the current chart, R2 is the resistance area that expresses the unsuccessful attempts of the price to rise. R1 used to be a support area. S1 used to be a 4-hour resistance line. And finally at the bottom, S2 is our long-term support area in which the support of price at various points is clear. We see the price was supported well at S2 and rose toward R2 but it was rejected at it and after some unsuccessful attempts for a rise, it lost the support and faced a decline downward to S1. Therefore the price was not supported at its last triumphs to rise upward an faced a decline down to S1. Here we see it could break S1 upward and it is fluctuation is clear over this line. We believe the price to be in a supportive trend and rise upward to R1. Then two options are available. Either the price gives us some confirmation candles to rise and an increase is there for it to touch R2 (that is a great point for saving your profits). Or the price would loses the support and by moving below R1, surely more fall will take place then. Our suggestion is to be cautious about various points and details and remember that for enjoying less risky trades. You can obtain every piece of information and details through our analyses and updates. So keep moving with us.
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 nice time
