Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DODOUSDT
There are R2 and R1 as our resistance areas that represent the unsuccessful triumphs of the price to rise. And S1 is a long-term support line which includes the support of price since the past. At the moment, the price is fluctuating in a triangular shape and it has touched R1 area and our prediction would contain two scenarios. By receiving some confirmation candles in order to rise, we predict an increase for the price to reach higher amounts like R2. Or it happens that the price gives us some falling signs and a decline will happen to it, indeed. It is highly recommended to activate your stop-loss points due to the unstable situation of market.
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 DODOUSDT
There are R2 and R1 as our resistance areas that represent the unsuccessful triumphs of the price to rise. And S1 is a long-term support line which includes the support of price since the past. At the moment, the price is fluctuating in a triangular shape and it has touched R1 area and our prediction would contain two scenarios. By receiving some confirmation candles in order to rise, we predict an increase for the price to reach higher amounts like R2. Or it happens that the price gives us some falling signs and a decline will happen to it, indeed. It is highly recommended to activate your stop-loss points due to the unstable situation of market.
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