Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ADAUSDT
There are R2 and R1 as the resistance areas that represent the unsuccessful attempts of the price to rise. And S1 is our support area which includes the well support of price at several points. Currently, we have the fluctuation of price over R1 after breaking this line upward. We predict the price would face another decline to reach R1, as it used to do in the past. Then by receiving some rising signs at this point, we will surely expect an increase for it upward to R2 or higher. Even it is probable that the price loses the support here and experiences more fall downward to some lower amounts. It is highly recommended to pay attention to every detail and information in order to have more logical and profitable trades.
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 ADAUSDT
There are R2 and R1 as the resistance areas that represent the unsuccessful attempts of the price to rise. And S1 is our support area which includes the well support of price at several points. Currently, we have the fluctuation of price over R1 after breaking this line upward. We predict the price would face another decline to reach R1, as it used to do in the past. Then by receiving some rising signs at this point, we will surely expect an increase for it upward to R2 or higher. Even it is probable that the price loses the support here and experiences more fall downward to some lower amounts. It is highly recommended to pay attention to every detail and information in order to have more logical and profitable trades.
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