Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for CELOUSDT
As we analyzed on September 4, we expected a falling trend to happen and now one of our targets is hit. Here you see R1 as a resistance area which expresses the disability of the price in order to rise. S1 used to be a resistance line and S2 is our support area that contains the well support of the price since the past. At the present, we have the price fluctuating over S1 and our prediction would be a fall to this line. At this point, we will have two options to happen. Either we will have some confirmation candles to rise and then a rise is expected for the price toward R1 (this is a good area for saving profits). Or it may happen that the price loses the support by reaching S1 and then more decline is waiting for it down to S2.
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 CELOUSDT
As we analyzed on September 4, we expected a falling trend to happen and now one of our targets is hit. Here you see R1 as a resistance area which expresses the disability of the price in order to rise. S1 used to be a resistance line and S2 is our support area that contains the well support of the price since the past. At the present, we have the price fluctuating over S1 and our prediction would be a fall to this line. At this point, we will have two options to happen. Either we will have some confirmation candles to rise and then a rise is expected for the price toward R1 (this is a good area for saving profits). Or it may happen that the price loses the support by reaching S1 and then more decline is waiting for it down to S2.
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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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.
Related publications
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.