Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BETAUSDT
Here we have R2 and R3 as the resistance areas that express the price was not able to rise at different points. R1 used to be a support area. And S1 used to be our long-term resistance area in this chart. Hence, we have the price fluctuating below R1 area in a rising behavior after being supported at S1 and we expect it to resume its rise and reach R2. Then by having some rising signs there, we would wait for an increase. So if we receive some confirmation candles to rise, an increase would take place for the price to break R1 upward and even move rise toward R2 area (which is a god point for saving profits) would happen in case the price is supported at R1 and fixes over this area. But if the price is not supported, more fall is predicted there for it to touch lower amounts. Surely if the price falls below S1, definitely more decline will happen. Please bear in mind to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
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 BETAUSDT
Here we have R2 and R3 as the resistance areas that express the price was not able to rise at different points. R1 used to be a support area. And S1 used to be our long-term resistance area in this chart. Hence, we have the price fluctuating below R1 area in a rising behavior after being supported at S1 and we expect it to resume its rise and reach R2. Then by having some rising signs there, we would wait for an increase. So if we receive some confirmation candles to rise, an increase would take place for the price to break R1 upward and even move rise toward R2 area (which is a god point for saving profits) would happen in case the price is supported at R1 and fixes over this area. But if the price is not supported, more fall is predicted there for it to touch lower amounts. Surely if the price falls below S1, definitely more decline will happen. Please bear in mind to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
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