Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BTCUSDT
As we analyzed on November 16, we predicted a falling trend to happen and now you see that after passage of some days, our prediction came true. There is R3 as our resistance area which expresses the unsuccessful triumphs of the price to rise. R2 and R1 used to be support areas and S1 is a long-term support area at the bottom of the chart. At the moment, we have the price fluctuating in R1 and we expect it to have a rise after reaching S1. So if we receive some rising signs, we will wait for a rising trend to R2 besides our long position being activated. If the price fixes over R2, more increase will happen. Also by the fall of price below S1, more decline is predicted for it.
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
As we analyzed on November 16, we predicted a falling trend to happen and now you see that after passage of some days, our prediction came true. There is R3 as our resistance area which expresses the unsuccessful triumphs of the price to rise. R2 and R1 used to be support areas and S1 is a long-term support area at the bottom of the chart. At the moment, we have the price fluctuating in R1 and we expect it to have a rise after reaching S1. So if we receive some rising signs, we will wait for a rising trend to R2 besides our long position being activated. If the price fixes over R2, more increase will happen. Also by the fall of price below S1, more decline is predicted for it.
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
