Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DOTUSDT
Based on our previous analysis on July 19, we expected a falling trend and now we have all our targets hit. In this chart, there is R2 as our resistance line and the unsuccessful attempts of the price to rise is obvious. R1 used to be a support line and S1 is the support area which represents the support of the price at several points. At the moment, the price is fluctuating on S1 area and we expect a little fall and then by considering our long position, a rise would be waiting for it. Also the price is able to face more rise by a fixation above R1 and by receiving some confirmation candles there. In case the price moves below S1, perhaps more decline will happen for it.
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 DOTUSDT
Based on our previous analysis on July 19, we expected a falling trend and now we have all our targets hit. In this chart, there is R2 as our resistance line and the unsuccessful attempts of the price to rise is obvious. R1 used to be a support line and S1 is the support area which represents the support of the price at several points. At the moment, the price is fluctuating on S1 area and we expect a little fall and then by considering our long position, a rise would be waiting for it. Also the price is able to face more rise by a fixation above R1 and by receiving some confirmation candles there. In case the price moves below S1, perhaps more decline will happen for it.
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
