Hello Crypto Lovers,

Mars Signals team wishes you high profits.

We are in the 4-hour time frame. As you can see the price is moving inside a bearish channel which can also be a Flag pattern. If the price is able to break its first resistance line and go toward its second resistance, after a pullback it can continue its uptrend toward the third resistance. But if it is not able to break its first resistance and stabilize above it, we can expect it to fall down to the first support line.

Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.

Wish you luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.