Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for MATICUSDT
You observe that the price touched our long-term resistance line (R1) at some areas and it was rejected then. After being rejected, it formed another resistance area (R2) and then had its severe fall down to the support area. After that it continued its rising trend and had fluctuation up to the first resistance line. Now the price is fluctuating below the first resistance line and we predict that in case it breaks this line and fixes its tend over the line, it is able to continue its rise toward the second resistance area. Even it may happen that the price loses the support and starts falling down toward the support line and 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 MATICUSDT
You observe that the price touched our long-term resistance line (R1) at some areas and it was rejected then. After being rejected, it formed another resistance area (R2) and then had its severe fall down to the support area. After that it continued its rising trend and had fluctuation up to the first resistance line. Now the price is fluctuating below the first resistance line and we predict that in case it breaks this line and fixes its tend over the line, it is able to continue its rise toward the second resistance area. Even it may happen that the price loses the support and starts falling down toward the support line and 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