Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for SHIBUSDT

Based on our previous analysis on August 3, we predicted a rising trend and now all our targets are hit. In the current chart, we have R1 that used to be a support area and S1 used to be a resistance line which shows the disability of the price to rise. And S2 and S3 are our support areas that express the support of the price at some points. At the moment, we have the price fluctuating over S1 and we believe it will fall to S2 line and here we must wait for some confirmation candles and then we expect a rise for the price to R1. Even it is less probable for the price to lose the support by reaching S2 and start a fall below this line.

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

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