Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for CHRUSDT
Here you see R3, R2, and R1 as the resistance areas which all represent the unsuccessful triumphs of the price to rise. And S1 is the support line that contains the support of the price at some points. At the present, we have the price fluctuating on R1 area and we expect two scenarios for it. Either the price will give us some confirmation candles to rise and we predict an increase for it to R2 or even higher amounts. Or it is possible that the price moves below R1 and experience a fall toward S2. Remember to activate your stop-loss points in order to have more logical 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 CHRUSDT
Here you see R3, R2, and R1 as the resistance areas which all represent the unsuccessful triumphs of the price to rise. And S1 is the support line that contains the support of the price at some points. At the present, we have the price fluctuating on R1 area and we expect two scenarios for it. Either the price will give us some confirmation candles to rise and we predict an increase for it to R2 or even higher amounts. Or it is possible that the price moves below R1 and experience a fall toward S2. Remember to activate your stop-loss points in order to have more logical 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.