Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for VETUSDT
According to our last analysis on August 17, we expected a falling trend and now one of our targets is hit. Here we have R2 and R1 as the resistance areas and the disability of the price in order to rise is clear in them. And even S1 and S2 are the support areas which express the support of the price at several points. Currently, you see that we have the price fluctuating on S1 line and here we have two scenarios for the price to happen. Either we will have some rising signs and we predict an increase for the price to R1 and R2. Or the price loses the support and it will face a decline toward S2. So we must wait and see what future reveals.
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