Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for MATICUSDT
According to our previous analysis on June 12, we expected a falling trend for the price and you observe that it happened up to a weak after this date. In this chart, we have R1 which used to be a support area and the support of the price is clear at some points. Even S1 and S2 are other support areas and the well support of the price is again obvious. Now the price is fluctuating in S1 area and we consider two scenarios for it to happen. The first one is to have a rise toward R1 and even move above that and by a fixation over this line, we will predict more rise for the price. Actually, the rise of the price over R1 may be a failure in break and again it is able to have a decline. The other possible prediction would be a falling trend for the price and the price will have a decline below S1 and experiences more decline toward S2.
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
According to our previous analysis on June 12, we expected a falling trend for the price and you observe that it happened up to a weak after this date. In this chart, we have R1 which used to be a support area and the support of the price is clear at some points. Even S1 and S2 are other support areas and the well support of the price is again obvious. Now the price is fluctuating in S1 area and we consider two scenarios for it to happen. The first one is to have a rise toward R1 and even move above that and by a fixation over this line, we will predict more rise for the price. Actually, the rise of the price over R1 may be a failure in break and again it is able to have a decline. The other possible prediction would be a falling trend for the price and the price will have a decline below S1 and experiences more decline toward S2.
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
