Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ERNUSDT
There are R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1 is a long-term support line at the bottom of chart. Thus, we have the price fluctuating over S1 area and our expectation would be a decline for it to reach this line and then we should wait for some confirmation candles to predict a rise. So our long position of the chart is activated and the price will rise up to R2. If the price falls below S1, then more rise is waiting for it. Please be attentive to every detail in our analyses to have more logical 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
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ERNUSDT
There are R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1 is a long-term support line at the bottom of chart. Thus, we have the price fluctuating over S1 area and our expectation would be a decline for it to reach this line and then we should wait for some confirmation candles to predict a rise. So our long position of the chart is activated and the price will rise up to R2. If the price falls below S1, then more rise is waiting for it. Please be attentive to every detail in our analyses to have more logical 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