Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for YFIUSDT
Based on our previous analysis on June 15, we predicted a falling trend for the price and here you see that the price faced a decline after a little rise and it means that one of our targets is hit. At the moment, there are R2 and R1 as the resistance areas and S1 is a long-term support line which shows the support of the price at some points. At the present, the price has a fluctuation below R1 and we believe it will rise to R1 and then with a decline and another pull back to R1, it faces a fall toward S1. In case the price moves above R1 and creates good confirm candles, then we will expect more rise for it toward R2.
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 YFIUSDT
Based on our previous analysis on June 15, we predicted a falling trend for the price and here you see that the price faced a decline after a little rise and it means that one of our targets is hit. At the moment, there are R2 and R1 as the resistance areas and S1 is a long-term support line which shows the support of the price at some points. At the present, the price has a fluctuation below R1 and we believe it will rise to R1 and then with a decline and another pull back to R1, it faces a fall toward S1. In case the price moves above R1 and creates good confirm candles, then we will expect more rise for it toward R2.
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.