Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for XTZUSDT
According to our previous analysis on May 25, we observe now that the expectation was true and the price faced a decline. Now in this chart, our long-term resistance line (R1) shows the unsuccessful triumphs of the price and at one of its rejections, it lost the previous support area (Now it is R2). S1 line represents the well support of the price at some points and at the present, the price is fluctuating below R1 line. Note that R2 area is the zone the price fluctuates in whenever it breaks R1 line. We expect the price to rise upward to the R2 area and then move above it. Even it may happen that the price loses the support and has a fall and then after a pull back to the S1 line, face more decline toward the S2 area.
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 XTZUSDT
According to our previous analysis on May 25, we observe now that the expectation was true and the price faced a decline. Now in this chart, our long-term resistance line (R1) shows the unsuccessful triumphs of the price and at one of its rejections, it lost the previous support area (Now it is R2). S1 line represents the well support of the price at some points and at the present, the price is fluctuating below R1 line. Note that R2 area is the zone the price fluctuates in whenever it breaks R1 line. We expect the price to rise upward to the R2 area and then move above it. Even it may happen that the price loses the support and has a fall and then after a pull back to the S1 line, face more decline toward the S2 area.
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
