FARMUSDT

Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a 4-hour-time frame analysis for FARMUSDT

In the current chart, R1 is the resistance area which contains the unsuccessful attempts of the price to rise. And S1 and S2 are our support areas at the bottom expressing the well support of price at several points. Therefore, the price was supported at S1 and by a rise, we see its fluctuation above this area in a neutral behavior. Then the price would have more fall to reach S1 again and then by providing us some confirmation candles for a rise, there is a possibility of an increase up to R1 and even higher than that via more fluctuation and fixation and the long position of the chart is activated. There is a suggestion for you to put your trade orders at S1 and S2. You know that in case the price loses the support at any points and falls below S1 line, surely more decline happens to it. We recommend you to have every piece of information and idea via our analyses for receiving more profitable trades.

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
binanceChart PatternsFARMUSDTTrend Analysisusdt

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