Hello Crypto Lovers,

Mars Signals team wishes you high profits.

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

As we analyzed on December 4, we expected a falling trend to happen after a rise and currently we see this has come to reality and all our targets are hit. Here we have R2 and R1 as resistance areas which include the unsuccessful attempts of price to rise at different points. S1 used to be a long-term resistance line and S2 is a long-term support area which contains the support of price since the past. Presently, we have the fluctuation of price in R1 and we expect the price to rise upward via a fluctuation above R1 that will result in more rise to higher amounts even as R2. But clearly if the price is rejected and loses the support at any point, more decline will be waiting for it. This is so crucial to consider every detail and information in our analyses if you tend to act more wisely.

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.