Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for EOSUSDT
Obviously, there is R2 as the resistance area in which the price was not able to rise upward at some points. R1 used to be a support area. S2 is a long-term support area and also S1 is a 4-hour support line with its well support of price at it. Thus, we have the price fluctuating below R1 and our expectation would be a rise to reach the mentioned line. Then we must for some signs in order to have a rising or a falling trend to predict. If we have some confirmation candles as rising signs, the price is expected to reach upward to R2. Even it is probable that the price is rejected at R1 and more fall happens to it to S1 or more. The future reveals everything.
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 EOSUSDT
Obviously, there is R2 as the resistance area in which the price was not able to rise upward at some points. R1 used to be a support area. S2 is a long-term support area and also S1 is a 4-hour support line with its well support of price at it. Thus, we have the price fluctuating below R1 and our expectation would be a rise to reach the mentioned line. Then we must for some signs in order to have a rising or a falling trend to predict. If we have some confirmation candles as rising signs, the price is expected to reach upward to R2. Even it is probable that the price is rejected at R1 and more fall happens to it to S1 or more. The future reveals everything.
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