ADAUSDT

Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a 4-hour-time frame analysis for ADAUSDT

In our last analysis on June 26, we predicted a falling trend and now you observe this has happened and all our targets are hit. In the current chart, we have R2 and R1 which used to be support areas and the support of the price is obvious in them. And S1 area is a support area and shows the support of the price since the past. At the present, the price has a fluctuation on S1 area and we believe it will have a decline to the bottom of it and then the price will face a rise toward R1. Even it is probable for the price to fall below S1. In case the price fixes over R1 and we receive confirmation candles, then we expect more rise for it toward R2 and higher. By the time the price reaches the bottom of S1, we will have this area a good point to put your purchase orders but please consider the stop loss area in order to take less risks in your trades.

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