YFIUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for YFIUSDT
Based on our previous analysis on June 15, we predicted a falling trend for the price and here you see that the price faced a decline after a little rise and it means that one of our targets is hit. At the moment, there are R2 and R1 as the resistance areas and S1 is a long-term support line which shows the support of the price at some points. At the present, the price has a fluctuation below R1 and we believe it will rise to R1 and then with a decline and another pull back to R1, it faces a fall toward S1. In case the price moves above R1 and creates good confirm candles, then we will expect more rise for it toward R2.
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