Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BTCUSDT
According to our last analysis on January 22, we predicted a rise for the price and here we have this expectation happening correctly. In this chart, R2 and R1 are our resistance areas in which the unsuccessful triumphs of price is obvious. S2 used to be a resistance area. And S1 and S3 are the support areas with their support of price at several points. Thus, the price is fluctuating over S1 area after rising upward and we believe it will continue its fluctuation in this neutral channel formed by R1 and S1. By the time the piece does not leave this channel, we will not have a correct prediction. So by having some rising signs, an increase will happen to higher amounts. But if the price is not supported, it would face a falling trend to lower amounts. We recommend you to have every piece of information and idea via our analyses for enjoying 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 BTCUSDT
According to our last analysis on January 22, we predicted a rise for the price and here we have this expectation happening correctly. In this chart, R2 and R1 are our resistance areas in which the unsuccessful triumphs of price is obvious. S2 used to be a resistance area. And S1 and S3 are the support areas with their support of price at several points. Thus, the price is fluctuating over S1 area after rising upward and we believe it will continue its fluctuation in this neutral channel formed by R1 and S1. By the time the piece does not leave this channel, we will not have a correct prediction. So by having some rising signs, an increase will happen to higher amounts. But if the price is not supported, it would face a falling trend to lower amounts. We recommend you to have every piece of information and idea via our analyses for enjoying 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
