TWTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for TWTUSDT
According to our last analysis on March 5, we predicted a falling trend to happen for the price and here we have the precise prediction of our team. R2 and R1 on the top of this chart are our resistance areas that include the disability of the price to rise. S1 used to be a resistance area. And we have S2 which is our support area containing the support of price at various points. At the moment, we see the price was rejected at R1 and it is fluctuating in a kind of neutral trend below the mentioned area. We believe there is a rise for it to touch R1 and then two scenarios are available there. Through providing us some rising signs and a fixation above this area, more increase will take place toward R2. But by the time the price lose the support and is rejected at any points especially at R1, it faces a decline down to our support areas. Bear in mind that by the time the price moves toward our support areas, these would be suitable points for putting your trade orders and then wait for your next action. We recommend you to active your stop-loss for experiencing more logical trades due to the unstable situation of the market. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
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