Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The R1 line was previously the support line which is now broken and turned into a resistance line. Now the price is fluctuating below the R1 line and we expect it to gradually move down to the S1 zone and if it is not supported there, it will move down to the S2 zone. It is possible for the price to make a pullback to the R1 line and then fall. If the price goes above the R2 zone, then it would be bullish.
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.
We are in the 4-hour time frame. The R1 line was previously the support line which is now broken and turned into a resistance line. Now the price is fluctuating below the R1 line and we expect it to gradually move down to the S1 zone and if it is not supported there, it will move down to the S2 zone. It is possible for the price to make a pullback to the R1 line and then fall. If the price goes above the R2 zone, then it would be bullish.
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