ENSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
In the 4-hour time frame you can see that the price has been able to break its resistance line to the upside which has now turned into the support line. This is the pullback and we expect it to move toward the next resistance which is around $52. If the price goes below the line, we can say that we are in the bearish scenario. You can also see a head-and-shoulder pattern there and if the pattern works out, then the price will come down to $42 for the pattern to be completed and then the price will go back up.
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