FTMUSDT
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for FTMUSDT
R2 is the resistance area in this chart with its presentation of the disability of the price to rise at several points. R1 used to be a support area. S1 used to be a long-term resistance line. And S2 is a support area at the bottom with its support of price at different points. Presently, the price had a rising trend over S1 and now it is fluctuating in a neutral behavior in R1 area as you observe. By having its unstable situation, we will wait for two options. Either rise or a fall. Subsequently, we must wait for some confirmation candles to rise and an increase would be there for the price to reach R2 or by having more fixation over there, more rise is expected. Also by giving us some falling signs and not being supported, more decline is definitely will be waiting for the price toward lower amounts. Note that for enjoying less risky trades, we recommend you to obtain every piece of information and details through our analyses and updates.
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 FTMUSDT
R2 is the resistance area in this chart with its presentation of the disability of the price to rise at several points. R1 used to be a support area. S1 used to be a long-term resistance line. And S2 is a support area at the bottom with its support of price at different points. Presently, the price had a rising trend over S1 and now it is fluctuating in a neutral behavior in R1 area as you observe. By having its unstable situation, we will wait for two options. Either rise or a fall. Subsequently, we must wait for some confirmation candles to rise and an increase would be there for the price to reach R2 or by having more fixation over there, more rise is expected. Also by giving us some falling signs and not being supported, more decline is definitely will be waiting for the price toward lower amounts. Note that for enjoying less risky trades, we recommend you to obtain every piece of information and details through our analyses and updates.
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.