Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for STGUSDT
R2 and R1 are the resistance areas in this chart with their presentation of the disability of the price to rise at several points. And S1 used to be a long-term resistance area in the past. Presently, the price had a falling trend and now it is fluctuating in a neutral behavior over S1 as you observe. By having its rise continued to touch R1, we will wait for a rise to reach higher amounts. Subsequently, we must wait for some confirmation candles to rise and an increase would be there for the price to reach R1 (that is a proper point for saving profits) or by having more fixation over there, more rise is expected then toward R2 area. Also by giving us some falling signs at any points or through moving below S1, 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 STGUSDT
R2 and R1 are the resistance areas in this chart with their presentation of the disability of the price to rise at several points. And S1 used to be a long-term resistance area in the past. Presently, the price had a falling trend and now it is fluctuating in a neutral behavior over S1 as you observe. By having its rise continued to touch R1, we will wait for a rise to reach higher amounts. Subsequently, we must wait for some confirmation candles to rise and an increase would be there for the price to reach R1 (that is a proper point for saving profits) or by having more fixation over there, more rise is expected then toward R2 area. Also by giving us some falling signs at any points or through moving below S1, 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.