Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BTCUSDT
According to our previous analysis on October 25, we predicted a rising trend to happen and now you observe that there has been a noticeable rise happening subsequently. There are R2 and R1 as our resistance areas which both contain the disability of the price to rise. S1 and S2 used to be resistance areas and S3 is a support line at the bottom. Hence, we have the price fluctuating below R1 area and our expectation would include two scenarios. Either the price will have some rising signs for us and a rise is waiting for it toward R2. Or it happens that the price is not supported there and it will fall to S1 or lower.
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 BTCUSDT
According to our previous analysis on October 25, we predicted a rising trend to happen and now you observe that there has been a noticeable rise happening subsequently. There are R2 and R1 as our resistance areas which both contain the disability of the price to rise. S1 and S2 used to be resistance areas and S3 is a support line at the bottom. Hence, we have the price fluctuating below R1 area and our expectation would include two scenarios. Either the price will have some rising signs for us and a rise is waiting for it toward R2. Or it happens that the price is not supported there and it will fall to S1 or lower.
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
