CVXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for CVXUSDT
You see that R2 and R1 are the resistance areas which express the disability of the price to rise. And S1 and S2 are the support areas that contain the well support of price since the past. Presently, we have the price fluctuating over R1 and we expect two scenarios to happen here. Either the price will have some rising signs for us and we predict an increase for it up to R2. Or we will receive some falling signs at this point and a decline is waiting for the price. It is recommended to activate your stop-loss in order to have less risky 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