MBOXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for MBOXUSDT
R1 and R2 in this chart are our resistance areas and include the disability of the price to rise. And we have S1 and S2 that are the support areas at the bottom of the chart with their well support of price at different points. At the moment, we see the price was rejected at R1 line and then by having a little rise here, it is now moving toward S1. We believe it will have its falling trend due to the existence of a red candle here and via providing us some confirmation candles to rise at that point, a rise would happen for the price toward higher amounts such as R1 or R2. Or possibly by giving us some falling signs, there would be a decline to lower amounts in case the price is not supported. The point is that if you are looking for wise trades and less risky ones, our suggestion will be following our regular 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
