SOLUSDT
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for SOLUSDT
Based on our previous analysis on May 15, we had a short position and expected a falling trend for the price and now we see this has happened. In this chart, we have R3 as the long-term resistance line which shows the disability of the price to rise over it. R1 used to be a support line and expresses the well support of the price at several points. Also, we have R2 that is another resistance line. At the present, the price is fluctuating on R1 and we expect it to rise upward to S1 and then face a decline. Even it is possible for the price to lose the support at this area and have more fall toward the support area.
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 SOLUSDT
Based on our previous analysis on May 15, we had a short position and expected a falling trend for the price and now we see this has happened. In this chart, we have R3 as the long-term resistance line which shows the disability of the price to rise over it. R1 used to be a support line and expresses the well support of the price at several points. Also, we have R2 that is another resistance line. At the present, the price is fluctuating on R1 and we expect it to rise upward to S1 and then face a decline. Even it is possible for the price to lose the support at this area and have more fall toward the support area.
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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