Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ETHUSDT
Based on our last analysis on July 9, we predicted a falling trend and now you observe that it is happening and one of our targets is hit. Here we have R3 and R2 as the resistance areas that express the disability of the price to rise. R1 used to be a support line and S1 is the support area that shows the support of the price at some points since the past. At the moment, we see the price fluctuating below R1 and we believe it will fall to S1 and then by a pull back to R1, it will experience another decline. In case the price moves over R1 and we receive confirmation candles for it, therefore more rise is waiting for it.
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
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ETHUSDT
Based on our last analysis on July 9, we predicted a falling trend and now you observe that it is happening and one of our targets is hit. Here we have R3 and R2 as the resistance areas that express the disability of the price to rise. R1 used to be a support line and S1 is the support area that shows the support of the price at some points since the past. At the moment, we see the price fluctuating below R1 and we believe it will fall to S1 and then by a pull back to R1, it will experience another decline. In case the price moves over R1 and we receive confirmation candles for it, therefore more rise is waiting for it.
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
