Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ETHUSDT
R3, R2, and R1 on the top of this chart are our resistance areas that include the disability of the price to rise. And we have S1 which used to be a resistance area in the past. Hence, we see the price could break R1 upward and now it is on a rise and fluctuating over the mentioned area. We believe when the price falls to R1 by continuing its decline, then via providing us some confirmation candles for the purpose of a rise, more increase is expected for it to reach R2 (which is a proper point for saving your profits) or even by more fixation and fluctuation over there, more rise would happen definitely to R3. But by the time the price loses the support and is rejected at any points especially at R1, or even by falling below R1, clearly it faces more decline down to our support area. Bear in mind that you should check everything before putting your trade orders and then wait for a proper time to have your next action. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
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 4-hour-time frame analysis for ETHUSDT
R3, R2, and R1 on the top of this chart are our resistance areas that include the disability of the price to rise. And we have S1 which used to be a resistance area in the past. Hence, we see the price could break R1 upward and now it is on a rise and fluctuating over the mentioned area. We believe when the price falls to R1 by continuing its decline, then via providing us some confirmation candles for the purpose of a rise, more increase is expected for it to reach R2 (which is a proper point for saving your profits) or even by more fixation and fluctuation over there, more rise would happen definitely to R3. But by the time the price loses the support and is rejected at any points especially at R1, or even by falling below R1, clearly it faces more decline down to our support area. Bear in mind that you should check everything before putting your trade orders and then wait for a proper time to have your next action. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
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
