CHZUSDT
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*Mars Signals Team wishes you high profits*
This is a 4-hour-time frame analysis for CHZUSDT
In the present chart, R2 and R1 are the long-term resistance areas that express the unsuccessful triumphs of the price in order to rise. And finally at the bottom, S1 and S2 are our long-term support areas in which the support of price at various points is clear since the past. We observe the price was supported well at S1 and could rise toward R2 but it was rejected at that area and after two unsuccessful attempts for a rise at R2, it lost the support and faced a decline each time downward to lower amounts such as S2. Here the price was supported for another time and its recovery mode continued up to S1 area. Hence it is fluctuating at this point after giving us a negative Marubozu Candle and this involves the indefinite situation of sellers and buyers at this point due to the high density of price trend. We believe the price to exit S1 fro the top or the bottom and then via giving us some confirmation candles, we will decide on rising or falling behavior in the coming days. If the price breaks S1 upward, by giving us more fluctuation, an increase is there for it to R1 or R2 (which are good points for saving your profits). But bear in mind that by the time the price loses the support at S1 and moves below this area, it faces more decline certainly. Our suggestion for you is to be cautious about various points and details and remember that for enjoying less risky trades. You can obtain every piece of information and details through our analyses and updates. So keep moving with us.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Have fun
*Mars Signals Team wishes you high profits*
This is a 4-hour-time frame analysis for CHZUSDT
In the present chart, R2 and R1 are the long-term resistance areas that express the unsuccessful triumphs of the price in order to rise. And finally at the bottom, S1 and S2 are our long-term support areas in which the support of price at various points is clear since the past. We observe the price was supported well at S1 and could rise toward R2 but it was rejected at that area and after two unsuccessful attempts for a rise at R2, it lost the support and faced a decline each time downward to lower amounts such as S2. Here the price was supported for another time and its recovery mode continued up to S1 area. Hence it is fluctuating at this point after giving us a negative Marubozu Candle and this involves the indefinite situation of sellers and buyers at this point due to the high density of price trend. We believe the price to exit S1 fro the top or the bottom and then via giving us some confirmation candles, we will decide on rising or falling behavior in the coming days. If the price breaks S1 upward, by giving us more fluctuation, an increase is there for it to R1 or R2 (which are good points for saving your profits). But bear in mind that by the time the price loses the support at S1 and moves below this area, it faces more decline certainly. Our suggestion for you is to be cautious about various points and details and remember that for enjoying less risky trades. You can obtain every piece of information and details through our analyses and updates. So keep moving with us.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Have fun
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