Hello Crypto Lovers,

Mars Signals team wishes you high profits.

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

R2 is the resistance area in this chart with their representation of the disability of the price to rise at several points. R1 used to be a long-term support line. And S1 used to be a resistance area in the past. Therefore, the price had a noticeable decline and is reaching S1. By having its fall continued to touch S1, we will have a rise expected for it to reach higher amounts. Subsequently, we must wait for some confirmation candles to rise and an increase would be there for the price to reach R1 or by having more fixation over there, more rise is expected then. Also by giving us some falling signs or through moving below S1, more decline is definitely be waiting for the price toward lower amounts. For enjoying less risky trades, we recommend you to obtain every piece of information and details through 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

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