Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for HBARUSDT
In this chart, we have R2 that used to be a support area. R1 is our resistance line and the unsuccessful triumphs of the price to rise is clear. And S1 is the long-term support line which represents the support of the price at several points since the past. At the present, the price is fluctuating over S1 and we predict a falling trend for it to this line and then it will experience a rise to R1 or even above that. Also it is possible for the price to lose the support when it reaches S1 and by a fall to S2 area and having a pull back to the first support line, it may face more decline.
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 HBARUSDT
In this chart, we have R2 that used to be a support area. R1 is our resistance line and the unsuccessful triumphs of the price to rise is clear. And S1 is the long-term support line which represents the support of the price at several points since the past. At the present, the price is fluctuating over S1 and we predict a falling trend for it to this line and then it will experience a rise to R1 or even above that. Also it is possible for the price to lose the support when it reaches S1 and by a fall to S2 area and having a pull back to the first support line, it may face more decline.
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