Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for MATICUSDT
Here we have R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1 and S2 are the support areas that represent the support of price since the past. Presently, we have the fluctuation of price over S1 and we predict two scenarios to happen. In case the price gives us some rising signs and let's say some confirmation candles in this regard, we would predict a rise for it up to R2 or higher. Also, if the price loses the support and falls below S1, then more decline is waiting for it. Bear in mind that we should wait for the price to leave the channel formed by R1 and S1 and then have a precise prediction.
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 MATICUSDT
Here we have R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1 and S2 are the support areas that represent the support of price since the past. Presently, we have the fluctuation of price over S1 and we predict two scenarios to happen. In case the price gives us some rising signs and let's say some confirmation candles in this regard, we would predict a rise for it up to R2 or higher. Also, if the price loses the support and falls below S1, then more decline is waiting for it. Bear in mind that we should wait for the price to leave the channel formed by R1 and S1 and then have a precise prediction.
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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