Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for YFIUSDT
According to our previous analysis on February 26, we expected a rising trend to happen for the price and here we have the precise prediction of our team. There is R2 on the top of the chart which is a long-term resistance area and it represents the unsuccessful triumphs of the price to rise at several points. R1 is another resistance area. And as you see, S1 and S2 are our support areas with their well support of price for various points. Hence, we observe the fluctuation of price below R1 after being in a little rise. Our expectation would include another rise to reach R1 and then via having some rising signs, there would be more rise predicted for the price to reach higher amounts. Therefore, R1 is considered a good point for saving profits then. But it is so probable that the price loses the support at R1 and more decline would happen toward S1. Obviously this is a proper point for those who are seeking less risks in order to put their purchase orders. Do not forget to consider the market situation in lower time frames and then decide what to do; based on the multiple pieces of information which you would obtain from our analyses and updates.
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 YFIUSDT
According to our previous analysis on February 26, we expected a rising trend to happen for the price and here we have the precise prediction of our team. There is R2 on the top of the chart which is a long-term resistance area and it represents the unsuccessful triumphs of the price to rise at several points. R1 is another resistance area. And as you see, S1 and S2 are our support areas with their well support of price for various points. Hence, we observe the fluctuation of price below R1 after being in a little rise. Our expectation would include another rise to reach R1 and then via having some rising signs, there would be more rise predicted for the price to reach higher amounts. Therefore, R1 is considered a good point for saving profits then. But it is so probable that the price loses the support at R1 and more decline would happen toward S1. Obviously this is a proper point for those who are seeking less risks in order to put their purchase orders. Do not forget to consider the market situation in lower time frames and then decide what to do; based on the multiple pieces of information which you would obtain from our analyses and updates.
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
