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Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for RIFUSDT
There are R3 and R2 on the top of the chart which are resistance areas and represent the unsuccessful triumphs of the price to rise at several points. R1 used to be a support line. S1 used to be a resistance area. And as you see, S2 is our support area with the support of price even since the past. Hence, we observe the fluctuation of price below R1. Our expectation would include more rise for the price to break R1 upward and have a pull back over that and then by providing us some falling signs, more decline would take place to lower amounts. There is a less possibility of a rise and fixation of the price toward R2. But if this happens and the price is supported well, then it will face more rise. It is crucial to consider the market situation in lower time frames and then decide what to do exactly; based on the multiple pieces of information which you would obtain from our analyses and updates.
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 RIFUSDT
There are R3 and R2 on the top of the chart which are resistance areas and represent the unsuccessful triumphs of the price to rise at several points. R1 used to be a support line. S1 used to be a resistance area. And as you see, S2 is our support area with the support of price even since the past. Hence, we observe the fluctuation of price below R1. Our expectation would include more rise for the price to break R1 upward and have a pull back over that and then by providing us some falling signs, more decline would take place to lower amounts. There is a less possibility of a rise and fixation of the price toward R2. But if this happens and the price is supported well, then it will face more rise. It is crucial to consider the market situation in lower time frames and then decide what to do exactly; based on the multiple pieces of information which you would obtain from our analyses and updates.
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