KSMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for KSMUSDT
Here we have R3, R2, and R1 as resistance areas that all express the disability of the price at some points in order to rise. S2 used to be a resistance line . And S1 is the support area . Now, we see the price is fluctuating below R1 and by rising to this line, we will face two scenarios. Either it will give us some rising signs and we predict an increase for the price toward R2. Or it may lose the support at R1 and a decline will be expected for it. Note that make sure by receiving some confirmation candles and then start trading.
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