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 November 27, we predicted a falling trend to happen and now our prediction came true. There are R3, R2, and R1 as our resistance areas which all contain the disability of the price to rise. S1 used to be another resistance line and S2 is a long-term support area. Thus, we have the price fluctuating at R1 and our expectation would include two scenarios here. Either the price gives us some rising signs and certainly we expect a rise to happen to it up to R2 and by a pull back to R1, there will be more increase for it toward higher amounts such as R3. Or the price provides some falling signs and a decline is there for it down to our support areas. Let's wait and see what happens in the coming days.
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 November 27, we predicted a falling trend to happen and now our prediction came true. There are R3, R2, and R1 as our resistance areas which all contain the disability of the price to rise. S1 used to be another resistance line and S2 is a long-term support area. Thus, we have the price fluctuating at R1 and our expectation would include two scenarios here. Either the price gives us some rising signs and certainly we expect a rise to happen to it up to R2 and by a pull back to R1, there will be more increase for it toward higher amounts such as R3. Or the price provides some falling signs and a decline is there for it down to our support areas. Let's wait and see what happens in the coming days.
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
