Hello Crypto Lovers,

Mars Signals team wishes you high profits.

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

As we analyzed on August 10, we predicted a rising trend and now you observe this has happened. In this chart, we have R1 as a resistance line that shows the unsuccessful triumphs of the price to rise. S1, S2, and S3 are the support areas that all include the support of the price at several points since the past. Here we have the price fluctuating on S1 and we expect it will have a decline to S2 and by reaching this point, we will have two options for the price. Either it is able to rise to S1 after making sure that we have received some rising signs and confirmation candles. Or it is possible for the price to lose the support at this area and start a falling trend.

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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