Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. As you can see the price has gone below the first support line and now is trying to break that support line which is the resistance line now. If the price is able to break the resistance line and stabilize there, it can continue moving to the next resistance and have a good rise. We can draw a head-and-shoulder pattern here and if the price is able to move up to price 0.3114, the head-and-shoulder pattern will be completed and it will fall again. But if it is not able to break its first resistance line and stabilize there, we can expect a pullback and more falling for this currency.
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.
We are in the 4-hour time frame. As you can see the price has gone below the first support line and now is trying to break that support line which is the resistance line now. If the price is able to break the resistance line and stabilize there, it can continue moving to the next resistance and have a good rise. We can draw a head-and-shoulder pattern here and if the price is able to move up to price 0.3114, the head-and-shoulder pattern will be completed and it will fall again. But if it is not able to break its first resistance line and stabilize there, we can expect a pullback and more falling for this currency.
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