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 October16, we predicted a rising trend to happen and now one of our targets is hit in this chart. There are R2 and R1 as our resistance areas which both contain the disability of the price to rise. S1 used to be another resistance line and S2, S3, and S4 are the support areas that all express the well support of price. Thus, we have the price fluctuating over S1 our expectation would be a rise to reach R1. Here we must wait for some signs. In case we have some rising signs, surely an increase is predicted toward R2. Or it may happen that the price gives us some falling signs and a decrease is waiting for it to lower amounts.
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 October16, we predicted a rising trend to happen and now one of our targets is hit in this chart. There are R2 and R1 as our resistance areas which both contain the disability of the price to rise. S1 used to be another resistance line and S2, S3, and S4 are the support areas that all express the well support of price. Thus, we have the price fluctuating over S1 our expectation would be a rise to reach R1. Here we must wait for some signs. In case we have some rising signs, surely an increase is predicted toward R2. Or it may happen that the price gives us some falling signs and a decrease is waiting for it to lower amounts.
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
