Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for SANDUSDT
Here we have R1 as the resistance area and it expresses the price was not able to rise at different points. R2 used to be a support area. S2 used to be a resistance line. And at the bottom of the chart, S1 is our support line that includes the well support of price. At the present, we have the price fluctuating below R1 and we expect it to have a rise and touch this area. Then by providing some confirmation candles to rise, an increase would be there for it to reach higher amounts such as R2. But if the price loses the support, it will fall down to S1 and more decline is waiting. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely.
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 SANDUSDT
Here we have R1 as the resistance area and it expresses the price was not able to rise at different points. R2 used to be a support area. S2 used to be a resistance line. And at the bottom of the chart, S1 is our support line that includes the well support of price. At the present, we have the price fluctuating below R1 and we expect it to have a rise and touch this area. Then by providing some confirmation candles to rise, an increase would be there for it to reach higher amounts such as R2. But if the price loses the support, it will fall down to S1 and more decline is waiting. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely.
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.