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Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ADAUSDT
Obviously, there are R2 and R1 which used to be support areas and they include the support of the price at several points. S1 is a support area and the support of the price is clear at some points. At the present, we have the fluctuation of the price below R1 and we predict it to rise to this line and then we have two scenarios. Either it will give a fixation and rise more toward R2, or it will face a decline toward S1. By the time we do not receive confirmation candles to rise, we do not expect a rising trend for the price. We consider R2 area as a good point for saving profits.
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 ADAUSDT
Obviously, there are R2 and R1 which used to be support areas and they include the support of the price at several points. S1 is a support area and the support of the price is clear at some points. At the present, we have the fluctuation of the price below R1 and we predict it to rise to this line and then we have two scenarios. Either it will give a fixation and rise more toward R2, or it will face a decline toward S1. By the time we do not receive confirmation candles to rise, we do not expect a rising trend for the price. We consider R2 area as a good point for saving profits.
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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