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Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ETHUSDT
In this chart we have R2 and R1 as our resistance areas and both express the unsuccessful triumphs of the price to rise. S1 used to be a resistance area and S2 is the support line which shows the support of the price at some points. Now you see that we have the price fluctuating below R1 and we expect it to fall to the bottom of S1 area. After receiving some rising signs, we consider the long position and then an increase is waiting for the price to R1. In case the price loses the support at S1, we will have more decline for it toward S2(this is not so probable at the moment).
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
In this chart we have R2 and R1 as our resistance areas and both express the unsuccessful triumphs of the price to rise. S1 used to be a resistance area and S2 is the support line which shows the support of the price at some points. Now you see that we have the price fluctuating below R1 and we expect it to fall to the bottom of S1 area. After receiving some rising signs, we consider the long position and then an increase is waiting for the price to R1. In case the price loses the support at S1, we will have more decline for it toward S2(this is not so probable at the moment).
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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