Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for CELOUSDT
There are R2 and R1 as our resistance lines and the disability of the price in order to rise is clear. And S2 used to be a resistance area and then S1 is a support line that expresses the support of the price at some points. At the moment, we have the price fluctuating over R1 and we expect it will fall to this line and then we should wait for some returning signs and surely by receiving some confirmation candles, we will predict a rise for it to R2 or even more. It is less probable for the price to lose the support at R1 and fall below it. We suggest you to activate your stop-loss due to the unstable market conditions in order not to have risky 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
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for CELOUSDT
There are R2 and R1 as our resistance lines and the disability of the price in order to rise is clear. And S2 used to be a resistance area and then S1 is a support line that expresses the support of the price at some points. At the moment, we have the price fluctuating over R1 and we expect it will fall to this line and then we should wait for some returning signs and surely by receiving some confirmation candles, we will predict a rise for it to R2 or even more. It is less probable for the price to lose the support at R1 and fall below it. We suggest you to activate your stop-loss due to the unstable market conditions in order not to have risky 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
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.