Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BETAUSDT
There are R2 and R1 on the top of the chart which are resistance areas and they represent the unsuccessful triumphs of the price to rise at several points. S2 used to be a long-term resistance line. And as you see, S1 used to be another resistance area in the past. Thus, we observe the fluctuation of price below R1 after its fall to this area. Our expectation would include more decline for the price to reach S1 and then via having some rising signs, there would be more rise predicted for the price to reach higher amounts. Those who are seeking less risks in their trades, it is recommended to wait for the price to touch R1 and then save their profits. But if the price loses the support and falls toward S1 or below it, more decline would happen to the price downward. Do not forget to consider the market situation in lower time frames and then decide what to do; based on the multiple pieces of information which you would obtain from our analyses and updates.
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
There are R2 and R1 on the top of the chart which are resistance areas and they represent the unsuccessful triumphs of the price to rise at several points. S2 used to be a long-term resistance line. And as you see, S1 used to be another resistance area in the past. Thus, we observe the fluctuation of price below R1 after its fall to this area. Our expectation would include more decline for the price to reach S1 and then via having some rising signs, there would be more rise predicted for the price to reach higher amounts. Those who are seeking less risks in their trades, it is recommended to wait for the price to touch R1 and then save their profits. But if the price loses the support and falls toward S1 or below it, more decline would happen to the price downward. Do not forget to consider the market situation in lower time frames and then decide what to do; based on the multiple pieces of information which you would obtain from our analyses and updates.
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