Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price has formed a Bat pattern which signifies falling and the price can come down to the S1 line. But it is also likely for the price to come down a little and then move up to the R1 line again. The price has been supported at the S1 line previously and if it is supported again, it will move up. But if S1 is lost, the price can fall down to its next support S2. R1 and R2 are important areas. So our scenario is that either it will move down just a little and then move up to R1 or it will completely fall down to S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price has formed a Bat pattern which signifies falling and the price can come down to the S1 line. But it is also likely for the price to come down a little and then move up to the R1 line again. The price has been supported at the S1 line previously and if it is supported again, it will move up. But if S1 is lost, the price can fall down to its next support S2. R1 and R2 are important areas. So our scenario is that either it will move down just a little and then move up to R1 or it will completely fall down to S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
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.