Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ADXUSDT
There are R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1 and S2 are the support areas with their support of price at different points. Presently, we have the price fluctuating over S1 and our expectation would be a decline to reach S1 and then at this point, we will have two scenarios to happen. One of them includes a rise which is done through some rising signs. Or even it is possible that the price is not supported here and falls to some lower amounts such as S2. The point is to be attentive to everything for better 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