Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price has broken the R3 resistance and made its pullback to the line. The price is making a head-and-shoulder pattern and if that is the case then it will fall. We have three scenarios for Bitcoin in mind. First is that it is likely for the price to fall to the S1 line from right here and if it does not receive support in there, it will fall. The second scenario is that it will hit the R1 line and then fall back down. The third scenario is that it will break the R1 line and go up to the R2 zone.
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.
We are in the 4-hour time frame. The price has broken the R3 resistance and made its pullback to the line. The price is making a head-and-shoulder pattern and if that is the case then it will fall. We have three scenarios for Bitcoin in mind. First is that it is likely for the price to fall to the S1 line from right here and if it does not receive support in there, it will fall. The second scenario is that it will hit the R1 line and then fall back down. The third scenario is that it will break the R1 line and go up to the R2 zone.
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