Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a 4-hour-time frame analysis for THETAUSDT

In this chart we have R3 and R1 as the resistance areas that include the unsuccessful attempts of the price to rise. R2 used to be a support area. And S1 and S2 are our support areas which contain the well support of price since the past. At the moment, we have the fluctuation of price below R1 and we predict the price to continue its rising trend upward and by a rejection and decline to lower amounts, again it experiences another increase to reach R2. Even there is a possibility that the price is not supported at R1 or it will fall below S1 and face more decline in the coming days. It is highly recommended to activate your stop-loss points due the unstable situation of the 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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.