Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BTCUSDT
Based on our last analysis on June 26, we had a falling trend for the chart and now you see that it has happened and then the price had a decline. Now we have R2 line which expresses the disability of the price in order to rise. R1 which used to be a support line and the support of the price is clear at several points. And S1 area is a support area includes the well support of the price since the past. As you see, the price is fluctuating in S1 area and we expect it to have a decline to the bottom of this area and then experience a rise toward R1. In case the price fixes itself over R1, then we will predict more rise for it toward R2 and even higher. But even it is possible for the price to lose the support at this point and start a decline toward S1 and lower than that.
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
