Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a 4-hour-time frame analysis for TWTUSDT

As we analyzed on December 14, we expected a falling trend to happen and currently you see the prediction was precise. There is R2 that is a resistance area and R1 used to be a support area. And finally at the bottom of the chart, S1 is a long-term support line which includes the support of price since the past. Thus, we have the price fluctuating below R1 area and our expectation would be a rise to the height of R1 and there we should receive some confirmation candles to make sure what will happen exactly. We believe the price will give us some falling signs and then a decline will happen toward S1 or lower than that. Also it is probable that the price moves above R1 and has more increase via its fluctuation over there. It is recommended to activate your stop-loss points due to the unstable situation of market.

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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Penafian

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