Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for LRCUSDT
In the current chart you observe R2 and R1 on the top as the resistance areas that express the price was not able to rise at some points. S1 used to be another resistance line and S2 is a support line which includes the well support of price. Presently, we have the fluctuation of price in R1 area and we expect two options to happen here. Either the price provides us some rising sings and through these confirmation candles, a rise is predicted for the price to reach R2 area. Or we will have some falling signs there and it means that the price loses the support and starts a falling trend down to S2 or lower. Please remember 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 LRCUSDT
In the current chart you observe R2 and R1 on the top as the resistance areas that express the price was not able to rise at some points. S1 used to be another resistance line and S2 is a support line which includes the well support of price. Presently, we have the fluctuation of price in R1 area and we expect two options to happen here. Either the price provides us some rising sings and through these confirmation candles, a rise is predicted for the price to reach R2 area. Or we will have some falling signs there and it means that the price loses the support and starts a falling trend down to S2 or lower. Please remember 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