Hello dear friends,
*Mars Signals Team wishes you high profits*
This is a 4 hours time frame analysis for BTCUSDT
We are in the 4 hour time frame and as expected the price has managed to move to our first support zone. Currently, the price is moving in a descending channel and has reached the ceiling of our channel. If the price can't penetrate above our first resistance line, we expect more fall, but if it can penetrate and stabilize above our first resistance line, we expect an increase to the second critical area.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
*Mars Signals Team wishes you high profits*
This is a 4 hours time frame analysis for BTCUSDT
We are in the 4 hour time frame and as expected the price has managed to move to our first support zone. Currently, the price is moving in a descending channel and has reached the ceiling of our channel. If the price can't penetrate above our first resistance line, we expect more fall, but if it can penetrate and stabilize above our first resistance line, we expect an increase to the second critical area.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care