Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for FETUSDT
R4 used to be a support area obviously. R3, R2, and R1 on the top of this chart are our resistance areas that include the disability of the price to rise. And we have S1 that is a support area with its support of price at different points. At the moment, we see the price fell into S1 area after facing a decline (as a break of failure) and now it has a fluctuation above the mentioned area. We believe when the price would be supported at S1 and then by providing us some confirmation candles for the purpose of a rise, an increase will happen to it to reach R2 or by more fixation over there, more rise is expected then. But by the time the price loses the support and is rejected at any points especially at R1, or even by falling below S1, clearly it faces more decline down to lower amounts. Bear in mind that you should check everything before putting your trade orders and then wait for a proper time to have your next action. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates 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 FETUSDT
R4 used to be a support area obviously. R3, R2, and R1 on the top of this chart are our resistance areas that include the disability of the price to rise. And we have S1 that is a support area with its support of price at different points. At the moment, we see the price fell into S1 area after facing a decline (as a break of failure) and now it has a fluctuation above the mentioned area. We believe when the price would be supported at S1 and then by providing us some confirmation candles for the purpose of a rise, an increase will happen to it to reach R2 or by more fixation over there, more rise is expected then. But by the time the price loses the support and is rejected at any points especially at R1, or even by falling below S1, clearly it faces more decline down to lower amounts. Bear in mind that you should check everything before putting your trade orders and then wait for a proper time to have your next action. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates 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