MATICUSDT
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for MATICUSDT
According to our previous analysis on March 8, we expected a falling trend to happen for the price and here we have the precise prediction of our team. In the current chart, R1 and R2 are the resistance areas which contain the unsuccessful attempts of the price to rise. And S1 and S2 are our support areas at the bottom expressing the well support of price at several points. Therefore, the price could rise over R1 and after a recovery trend and we see its fluctuation above this area. So the price would have two choices for us. By providing us some confirmation candles for a rise, there is a possibility of an increase up to R2 and even higher than that via more fluctuation and fixation over there. But we expect a fall to happen for the price to reach S1 and then via having some confirmation candles, it will face more rise upward. Also you should know that in case the price loses the support at any points and falls below S1 line, surely more decline happens to it down to S2. We highly recommend you to obtain every piece of information and idea through our analyses for receiving more profitable 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 MATICUSDT
According to our previous analysis on March 8, we expected a falling trend to happen for the price and here we have the precise prediction of our team. In the current chart, R1 and R2 are the resistance areas which contain the unsuccessful attempts of the price to rise. And S1 and S2 are our support areas at the bottom expressing the well support of price at several points. Therefore, the price could rise over R1 and after a recovery trend and we see its fluctuation above this area. So the price would have two choices for us. By providing us some confirmation candles for a rise, there is a possibility of an increase up to R2 and even higher than that via more fluctuation and fixation over there. But we expect a fall to happen for the price to reach S1 and then via having some confirmation candles, it will face more rise upward. Also you should know that in case the price loses the support at any points and falls below S1 line, surely more decline happens to it down to S2. We highly recommend you to obtain every piece of information and idea through our analyses for receiving more profitable 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
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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.