Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DOTUSDT
Based on our previous analysis on June 7, we had a short position for our price and we predicted more fall for it. Now you see that this has happened and we have all our targets hit. In this chart, we have R2 as the long-term resistance line which represents the disability of the price to rise. S1 refers to our support line which shows the well support of the price at some points. And then we have R1 as another resistance line that expresses the unsuccessful triumphs of the price in order to move above it. Now the price is fluctuating on R1 and we believe it will have a rise to R2. Even this can be a failure in break and the price will face a falling trend. Therefore, the price will have a decline at this point and move toward S1.
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 DOTUSDT
Based on our previous analysis on June 7, we had a short position for our price and we predicted more fall for it. Now you see that this has happened and we have all our targets hit. In this chart, we have R2 as the long-term resistance line which represents the disability of the price to rise. S1 refers to our support line which shows the well support of the price at some points. And then we have R1 as another resistance line that expresses the unsuccessful triumphs of the price in order to move above it. Now the price is fluctuating on R1 and we believe it will have a rise to R2. Even this can be a failure in break and the price will face a falling trend. Therefore, the price will have a decline at this point and move toward S1.
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
