Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BTCUSDT
As we analyzed on February 19, we predicted a decline to happen and here we observe that our expectation took place correctly. In this chart, R3 used to be a support area. R2 and R1 are our resistance areas in which the unsuccessful triumphs of price is clearly seen. S3 used to be a resistance area. And at the bottom of the chart, we have S1, S2, and S4 that are support areas that express the support of price at different points. Hence, the price was rejected by R1 and now it is fluctuating at S1. According to the indicators of the market, we believe the price might fall toward and then by giving us some rising signs, the expectation of an increase up to R2 is probable. Even by more fluctuation over R1, more rise will b there for it. But if the price is not supported and falls below S2, definitely it would face more decline to lower amounts. In case you are in favor of experiencing profitable trades and wise actions in your analyses, we have several points and tips in our updates; so follow us all the time.
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 one-day-time frame analysis for BTCUSDT
As we analyzed on February 19, we predicted a decline to happen and here we observe that our expectation took place correctly. In this chart, R3 used to be a support area. R2 and R1 are our resistance areas in which the unsuccessful triumphs of price is clearly seen. S3 used to be a resistance area. And at the bottom of the chart, we have S1, S2, and S4 that are support areas that express the support of price at different points. Hence, the price was rejected by R1 and now it is fluctuating at S1. According to the indicators of the market, we believe the price might fall toward and then by giving us some rising signs, the expectation of an increase up to R2 is probable. Even by more fluctuation over R1, more rise will b there for it. But if the price is not supported and falls below S2, definitely it would face more decline to lower amounts. In case you are in favor of experiencing profitable trades and wise actions in your analyses, we have several points and tips in our updates; so follow us all the time.
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
