EGLDUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for EGLDUSDT
In this chart, there is R1 that is a resistance line and and you can observe the disability of the price to rise. And S1 and S2 are our support areas that include the support of the price at some points. Here we have the price fluctuating over S1 and we expect a fall for it to S1 and then we must wait for some rising signs and then we consider our long position and a rise will be waiting for the price toward R1. Actually it is less probable for the price to fall below S1 at the moment.
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