Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. You can see that the price has moved up to the R1 and R2 areas but could not break them and was rejected. R1 was also previously a support line but now is broken and is turned into a resistance line. Now we expect the price to come down to the S1 line, receive support, and move up to the R2 zone. If it goes below the S1 line, it can fall to the S3 zone and if it goes above the R2 zone, it can move up to the R3 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. You can see that the price has moved up to the R1 and R2 areas but could not break them and was rejected. R1 was also previously a support line but now is broken and is turned into a resistance line. Now we expect the price to come down to the S1 line, receive support, and move up to the R2 zone. If it goes below the S1 line, it can fall to the S3 zone and if it goes above the R2 zone, it can move up to the R3 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