Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. As you can see the price was able to break its resistance line which is now the support line S2 and now is inside a fairly bullish channel. There is the R1 line which the price hit and could not break it. There is also the support line S1 which the price has hit several times and was supported. We expect the price to be supported once more here and then go back up. But if there is not enough support and the selling pressure is high, we expect the price to fall to the S2 line step by step and then reverse and go back up.
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.
We are in the 4-hour time frame. As you can see the price was able to break its resistance line which is now the support line S2 and now is inside a fairly bullish channel. There is the R1 line which the price hit and could not break it. There is also the support line S1 which the price has hit several times and was supported. We expect the price to be supported once more here and then go back up. But if there is not enough support and the selling pressure is high, we expect the price to fall to the S2 line step by step and then reverse and go back up.
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