Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BTCUSDT
As we analyzed on February 5, we predicted a falling and then a rising trend for the price to happen and in this chart we have this expectation happening correctly. In this chart, R1, R2, R3, and R4 are all our resistance areas in which the unsuccessful triumphs of price is clearly seen. S3 used to be a resistance area. And S1, S2, and S4 are the support areas with their support of price at different points. At the present, the price is fluctuating in R1 after its rising trend to this area and we believe the price is capable of rising upward and continue its trend upward by having some rising signs and an increase will happen to higher amounts such as R2 or R3. But if the price is not supported at its current point, or when it reaches higher amounts, or even by falling below S1, definitely it would face a decline to lower amounts including S2 or S3. If you are in favor of experiencing profitable trades and wise actions in your analyses, we have several points and tips in our updates; so follow us all the time.
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
As we analyzed on February 5, we predicted a falling and then a rising trend for the price to happen and in this chart we have this expectation happening correctly. In this chart, R1, R2, R3, and R4 are all our resistance areas in which the unsuccessful triumphs of price is clearly seen. S3 used to be a resistance area. And S1, S2, and S4 are the support areas with their support of price at different points. At the present, the price is fluctuating in R1 after its rising trend to this area and we believe the price is capable of rising upward and continue its trend upward by having some rising signs and an increase will happen to higher amounts such as R2 or R3. But if the price is not supported at its current point, or when it reaches higher amounts, or even by falling below S1, definitely it would face a decline to lower amounts including S2 or S3. If you are in favor of experiencing profitable trades and wise actions in your analyses, we have several points and tips in our updates; so follow us all the time.
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
