Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BELUSDT
In the current chart, R1 and R2 are the resistance area which contains the unsuccessful attempts of price to rise. S2 used to be a resistance area. And S1 is our long-term support line at the bottom including their well support of price at several points. At the present, the price had a decline and entered the area below S1 and we see its fluctuation at this point. After reaching the area, we will predict the price to continue the decline and touch S2. This point would be considered a good area for putting sale orders. Then via some rising signs to receive, an increase is waiting for the price to touch R1 or more besides the activation of the long position of our chart. There is a possibility of more decline when the price falls below S2 area and more fall would take place for the price downward to lower amounts. We recommend you to have every piece of information and idea via our analyses for receiving more 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 BELUSDT
In the current chart, R1 and R2 are the resistance area which contains the unsuccessful attempts of price to rise. S2 used to be a resistance area. And S1 is our long-term support line at the bottom including their well support of price at several points. At the present, the price had a decline and entered the area below S1 and we see its fluctuation at this point. After reaching the area, we will predict the price to continue the decline and touch S2. This point would be considered a good area for putting sale orders. Then via some rising signs to receive, an increase is waiting for the price to touch R1 or more besides the activation of the long position of our chart. There is a possibility of more decline when the price falls below S2 area and more fall would take place for the price downward to lower amounts. We recommend you to have every piece of information and idea via our analyses for receiving more 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