Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BTCUSDT
As we analyzed on November 13, we predicted a falling trend to happen and now you see that our prediction came true. Here we have R2 that used to be a long-term support area. R1 is our resistance line which includes the disability of the price to rise at different points. And S1 is a support line with its well support of price. Thus, we have the fluctuation of price over R1 and our expectation would contain two scenarios. Either the price will give us some rising signs and definitely we predict an increase toward R2 or higher. Or we receive some falling signs at R1 and a decline will happen down to our support area.
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
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BTCUSDT
As we analyzed on November 13, we predicted a falling trend to happen and now you see that our prediction came true. Here we have R2 that used to be a long-term support area. R1 is our resistance line which includes the disability of the price to rise at different points. And S1 is a support line with its well support of price. Thus, we have the fluctuation of price over R1 and our expectation would contain two scenarios. Either the price will give us some rising signs and definitely we predict an increase toward R2 or higher. Or we receive some falling signs at R1 and a decline will happen down to our support area.
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
