RNDRUSDT

How do you do Crypto Lovers,

*Mars Signals Team wishes you high profits*

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

There we have R1 and R2 on the top of the chart which are the resistance areas and contain the unsuccessful triumphs of the price to rise at several points. S1 and S3 used to be resistance areas. And S2 is our support area that includes the well support of price at some points. The past trend of the price shows that after its rejection at R2, it experienced more decline and touched S2. Then by receiving more support at this area, the rising behavior resumed over R1. Thus, we see the fluctuation of price below the mentioned area and our expectation would include another decline to touch S1 and this time we believe the power of its rise would be higher than the past behavior. When the price is supported at its pull back downward, by giving us some rising signs, we must wait for its more increase to higher amounts such as R1 or R2. Also it is possible that the price loses the support and starts a decline toward S1 and even down to our second support area. So in this situation, a falling trend will happen and we suggest you to wait for the price to have a recovery and in the return trend, you can put your trade orders. Please consider the market situation in lower time frames and then decide what to do exactly. We suggest you to save your profits in the resistance areas due to the fact that in the decline of the price, you will not have so much loss. Keep moving with our updates and analyses to have multiple pieces of information and ideas.

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 the best
binanceChart PatternsRNDRUSDTTrend Analysisusdt

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