Hello Crypto Lovers,

Mars Signals team wishes you high profits.

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

As we analyzed on January 15, we predicted a rise to happen at that time and here we have the prediction come true. We see R1 and R2 as our resistance areas in which the unsuccessful triumphs of price to rise is clearly seen. S2 used to be a resistance line. And S1 and S3 are the support areas at the bottom of the chart. Thus, the price is fluctuating in R1 area after breaking S2 upward and we believe it will give us two options here. Either there is an increase for the price by providing us some rising signs and there would be a rise expected for it toward R2 or higher. Or it is probable that the price is rejected at R1 and faces a falling trend to S2 or lower. We recommend you to have every piece of information and idea via our analyses for enjoying more profitable 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

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