Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for ETHUSDT

According to our previous analysis on October 16, we predicted a rising trend to happen and now you see that our prediction came true. There are R2 and R1 as our resistance areas that include the unsuccessful attempts of the price to rise. And S1 and S2 are the support areas in which the well support of price is obvious. Thus, we have the price fluctuating below R1 area and our expectation would be a rise to reach this line. Here we have two scenarios to happen. Either we will have some signs to rise and the price is predicted to face an increase up to R2. Or the price will not be supported at R1 and start a decline down to S1 or S2. So the future reveals what will happen exactly.

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

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