Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BTCUSDT
As you see here, R4 and R3 used to be support areas. R2 is our resistance area which involves the unsuccessful triumphs of the price to rise. R1 is a 4-hour resistance area with its disability of price to rise to higher amounts and also S1 and S2 used to be other resistance areas. At the present, we have the fluctuation of price below R1 area and we believe it will rise to the top of this area. There, we will wait for some confirmation candles in order to have a rising or falling trend to happen. In case we have some rising signs, surely our prediction will be an increase toward R2 or higher. And even it is possible that we receive some falling signs and a fall will be expected for the price to happen. It is highly recommended to pay attention to every detail in the analyses to have less risky trades.
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 one-day-time frame analysis for BTCUSDT
As you see here, R4 and R3 used to be support areas. R2 is our resistance area which involves the unsuccessful triumphs of the price to rise. R1 is a 4-hour resistance area with its disability of price to rise to higher amounts and also S1 and S2 used to be other resistance areas. At the present, we have the fluctuation of price below R1 area and we believe it will rise to the top of this area. There, we will wait for some confirmation candles in order to have a rising or falling trend to happen. In case we have some rising signs, surely our prediction will be an increase toward R2 or higher. And even it is possible that we receive some falling signs and a fall will be expected for the price to happen. It is highly recommended to pay attention to every detail in the analyses to have less risky trades.
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