Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4 hour time frame. As you see, the price is moving in an upward trend.
The price has hit the channel roof several times, but it has not managed to break the channel roof and has been falling.
We have now drawn a support line for you that the price can touch and if supported, the price will start moving up again.
But if it can't support the price and drops below the line and stabilizes, the fall to the next support line is expected.
It is also possible that the price will start moving towards the target from this area.
If it can break the channel roof and stabilizes, it can touch our target, but if we see a weakness in the trend that is not strong enough to break the roof, it can start moving towards the support line again.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyse the chart before opening any position.
Wish you luck
Mars Signals team wishes you high profits.
We are in a 4 hour time frame. As you see, the price is moving in an upward trend.
The price has hit the channel roof several times, but it has not managed to break the channel roof and has been falling.
We have now drawn a support line for you that the price can touch and if supported, the price will start moving up again.
But if it can't support the price and drops below the line and stabilizes, the fall to the next support line is expected.
It is also possible that the price will start moving towards the target from this area.
If it can break the channel roof and stabilizes, it can touch our target, but if we see a weakness in the trend that is not strong enough to break the roof, it can start moving towards the support line again.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyse the chart before opening any position.
Wish you luck