Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BTCUSDT
According to our previous analysis on October 30, we predicted a falling trend to happen and now one of our targets is hit. There is R1 as a resistance area which includes the unsuccessful attempts of the price to rise. S1 and S3 used to be resistance areas and S2 and S4 are our support areas. Hence, we have the price fluctuating over S1 and we believe it would have a little fall to reach the mentioned line and then through giving us some rising signs, there will be an increase for it up to R1 or some higher amounts. In case the price falls below S1, more fall will happen there.
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
According to our previous analysis on October 30, we predicted a falling trend to happen and now one of our targets is hit. There is R1 as a resistance area which includes the unsuccessful attempts of the price to rise. S1 and S3 used to be resistance areas and S2 and S4 are our support areas. Hence, we have the price fluctuating over S1 and we believe it would have a little fall to reach the mentioned line and then through giving us some rising signs, there will be an increase for it up to R1 or some higher amounts. In case the price falls below S1, more fall will happen there.
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
