Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for APEUSDT
Based on our last analysis on December 11, we predicted a falling trend to happen after a little rise and in this chart the decline has happened after an increase. There are R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1 is a long-term support area at the bottom that expresses the support of price since the past. Therefore, the price has a fluctuation below R1 and our belief would involve two options here to happen. In case the price is able to provide us some rising signs, there is a possibility of an increase for it to reach R2. Even it is clear that through some falling signs here by the price, the decline will be expected for it toward S1 or lower. We suggest you to wait for some confirmation candles to make sure what the next position will be in the chart.
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 APEUSDT
Based on our last analysis on December 11, we predicted a falling trend to happen after a little rise and in this chart the decline has happened after an increase. There are R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1 is a long-term support area at the bottom that expresses the support of price since the past. Therefore, the price has a fluctuation below R1 and our belief would involve two options here to happen. In case the price is able to provide us some rising signs, there is a possibility of an increase for it to reach R2. Even it is clear that through some falling signs here by the price, the decline will be expected for it toward S1 or lower. We suggest you to wait for some confirmation candles to make sure what the next position will be in the chart.
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
