Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BTCUSDT
According to our previous analysis on December 25, we predicted a falling trend to happen and currently the prediction was correct and the price faced a noticeable decline. There are R2 and R1 as our resistance areas that both contain the disability of the price in order to rise. S1 used to be a resistance line and S2 at the bottom, is a long-term support line which shows the well support of price since the past. Hence, the price is fluctuating over S1 after it could break this line upward and by giving us some confirmation candles, we will have two scenarios here for it. Either it will give us some rising signs and certainly we will have an increase predicted for it. Or it may lose the support at any point and might have a decline toward lower amounts. Please make sure you have the sufficient information for having logical 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
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BTCUSDT
According to our previous analysis on December 25, we predicted a falling trend to happen and currently the prediction was correct and the price faced a noticeable decline. There are R2 and R1 as our resistance areas that both contain the disability of the price in order to rise. S1 used to be a resistance line and S2 at the bottom, is a long-term support line which shows the well support of price since the past. Hence, the price is fluctuating over S1 after it could break this line upward and by giving us some confirmation candles, we will have two scenarios here for it. Either it will give us some rising signs and certainly we will have an increase predicted for it. Or it may lose the support at any point and might have a decline toward lower amounts. Please make sure you have the sufficient information for having logical 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
