Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for MATICUSDT
Based on our previous chart analysis on June 1, we expected a decline for the price and on this chart you observe that we have the correct prediction. Here R2 area shows the long-term resistance area above which the price could not move. Then S1 area expresses the well support of the price at some points since the past. Even R1 line used to be a support line and now the price has fallen below it and is fluctuating in S1 area. We believe the price will have a pull back to R1 and then face more decline to S1. Also it is possible for the price to lose the support and fall below S1. In case the price moves below S1, we will have more decline 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 MATICUSDT
Based on our previous chart analysis on June 1, we expected a decline for the price and on this chart you observe that we have the correct prediction. Here R2 area shows the long-term resistance area above which the price could not move. Then S1 area expresses the well support of the price at some points since the past. Even R1 line used to be a support line and now the price has fallen below it and is fluctuating in S1 area. We believe the price will have a pull back to R1 and then face more decline to S1. Also it is possible for the price to lose the support and fall below S1. In case the price moves below S1, we will have more decline 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
