Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BTCUSDT
According to our previous analysis on December 14, we predicted a falling trend to happen after a little rise here, all our targets are hit via a noticeable decline. There are R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1, S2, and S3 are all the support areas with their well support of price at several points. Thus, we have the price fluctuating over S1 line and our expectation would be a rise to reach R1. There we will have two scenarios. In case the price fluctuates above R1, more rise is there for it. But if the price loses the support and is rejected, it will experience more decline down to lower amounts. The point is to make sure what is going to happen before putting your trade orders.
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 BTCUSDT
According to our previous analysis on December 14, we predicted a falling trend to happen after a little rise here, all our targets are hit via a noticeable decline. There are R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1, S2, and S3 are all the support areas with their well support of price at several points. Thus, we have the price fluctuating over S1 line and our expectation would be a rise to reach R1. There we will have two scenarios. In case the price fluctuates above R1, more rise is there for it. But if the price loses the support and is rejected, it will experience more decline down to lower amounts. The point is to make sure what is going to happen before putting your trade orders.
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
