Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DOTUSDT
In this chart, we observe R4, R3, R2, and R1 as the resistance areas which are all including the unsuccessful triumphs of the price to rise. And then we have S1 that is a support area. At the moment, we have the price fluctuating over R1 and we predict it will continue its decline to reach the mentioned line. Then we must have some confirmation candles in order to expect a rise for the price up to R3 and subsequently the long position of our chart is activated. Even it my happen that the price loses the support and faces more fall downward. 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 DOTUSDT
In this chart, we observe R4, R3, R2, and R1 as the resistance areas which are all including the unsuccessful triumphs of the price to rise. And then we have S1 that is a support area. At the moment, we have the price fluctuating over R1 and we predict it will continue its decline to reach the mentioned line. Then we must have some confirmation candles in order to expect a rise for the price up to R3 and subsequently the long position of our chart is activated. Even it my happen that the price loses the support and faces more fall downward. 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