Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DYDXUSDT
As we analyzed on December 1, we predicted a rising trend to happen after a fall and currently we see this prediction came true. There is R3 as a resistance area which includes the disability of the price in order to rise. R2 and R1 used to be support areas and S1 used to be a resistance line in the past at which you see the rejection of price at different points to lower amounts. Hence, we have the price fluctuating in R1 area and we predict it will continue its rising trend to reach R2 or R3 and by giving more fixation in those areas, more rise would be there for it. But bear in mind that in case the price is not supported at any point and we have some falling signs, then it will face a decline to lower amounts. Please wait for some confirmation candles and then act wisely.
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 DYDXUSDT
As we analyzed on December 1, we predicted a rising trend to happen after a fall and currently we see this prediction came true. There is R3 as a resistance area which includes the disability of the price in order to rise. R2 and R1 used to be support areas and S1 used to be a resistance line in the past at which you see the rejection of price at different points to lower amounts. Hence, we have the price fluctuating in R1 area and we predict it will continue its rising trend to reach R2 or R3 and by giving more fixation in those areas, more rise would be there for it. But bear in mind that in case the price is not supported at any point and we have some falling signs, then it will face a decline to lower amounts. Please wait for some confirmation candles and then act wisely.
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
