Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BELUSDT
Here we have R1 and R2 as the resistance areas that express the price was not able to rise at different points. And S1 and S2 are our support areas in this chart containing the support of price even since the past. Thus, we have the price fluctuating in R1 area after its rise up to this point and we expect it to fall toward S1; like its past behavior. Then by receiving some rising signs by the price, it would rise upward to R1 or more. Even it happens that there will be some confirmation candles for a decline and when the price is not supported anymore, a fall is predicted there for it to reach lower amounts and move down to S2. Bear in mind to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
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 BELUSDT
Here we have R1 and R2 as the resistance areas that express the price was not able to rise at different points. And S1 and S2 are our support areas in this chart containing the support of price even since the past. Thus, we have the price fluctuating in R1 area after its rise up to this point and we expect it to fall toward S1; like its past behavior. Then by receiving some rising signs by the price, it would rise upward to R1 or more. Even it happens that there will be some confirmation candles for a decline and when the price is not supported anymore, a fall is predicted there for it to reach lower amounts and move down to S2. Bear in mind to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.