XTZUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for XTZUSDT
In this chart, we have R2 as our resistance line and the disability of the price to rise is seen. R1 used to be a support line and even S1 and S2 are our other support lines that express the support of the price at some points. At the present, the price is fluctuating in R1 area and we believe it will fall toward the bottom of this area and then it will experience a rise to R2. The lowest amount of R1 is the point that we can consider our long position. If the price fixes over R1, then we predict more rise for it to R2. Even it is possible for the price to face more decline when it reaches S1 and it can move below it (which is not so probable at this time).
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