Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ALGOUSDT
The chart includes S2 line (which used to be a resistance line) and after being rejected at some points, the price could rise over the line and we had a failure in break for the price. Then it faced a severe decline up to S1 and continued its rising tend and at the present, it is fluctuating in S1 area. We believe either the price is going to move over S1 and by a fixing trend, it will move toward R1 area. Or the price will lose the support and move below S1 and then fall toward S2 line.
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 ALGOUSDT
The chart includes S2 line (which used to be a resistance line) and after being rejected at some points, the price could rise over the line and we had a failure in break for the price. Then it faced a severe decline up to S1 and continued its rising tend and at the present, it is fluctuating in S1 area. We believe either the price is going to move over S1 and by a fixing trend, it will move toward R1 area. Or the price will lose the support and move below S1 and then fall toward S2 line.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.