APEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for APEUSDT
Here we have R2 and R1 as the resistance areas that include the unsuccessful attempts of price to rise. And S1 is a long-term support area which contains the support of price since the past. At the moment, there is the fluctuation of price over R1 and we believe it will rise up to R2 and then by giving us some falling signs, the short position of our chart is activated and a decline down to S1 is expected for it. In case the price is able to move over R2 and fixes in that area, then more rise will be there for it. It is highly recommended to activate your stop-loss points for experiencing more logical 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