Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for XVSUSDT
There is R2 on the top that used to be a support area. R1 is the resistance area which represents the disability of price to rise. S1 and S2 are our support areas which shows the support of price, clearly. Therefore, we have the fluctuation of price over R1 and there will be the prediction of a fall for it to reach S1. Here we must wait for some confirmation candles for a rise. Then the long position of our chart is activated and the price will have an increase to R2 or higher. It is also probable that the price loses the support and falls below S1. It is highly recommended to activate your stop-loss points due to the unstable situation of market.
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 XVSUSDT
There is R2 on the top that used to be a support area. R1 is the resistance area which represents the disability of price to rise. S1 and S2 are our support areas which shows the support of price, clearly. Therefore, we have the fluctuation of price over R1 and there will be the prediction of a fall for it to reach S1. Here we must wait for some confirmation candles for a rise. Then the long position of our chart is activated and the price will have an increase to R2 or higher. It is also probable that the price loses the support and falls below S1. It is highly recommended to activate your stop-loss points due to the unstable situation of market.
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