ETHUSDT

Hello Crypto Lovers,

Mars Signals team wishes you high profits.

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

According to our last analysis on August 24, we predicted a rising trend after a little fall and now you see that our expectation came true. Here we have R3, R2, and R1 as our resistance areas that all express the unsuccessful attempts of the price to rise. And even S1 used to be a resistance area and S2 is the support line which includes the support of the price at some points . Hence, the price is fluctuating at R1 and we will predict two scenarios for it. Either by receiving some rising signs, we expect a rise to R2. Or the price may not be supported here and will face a decline toward S1 or more. Note that wait for some confirmation candles in order to make sure what is the trend of the price.

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