How do you do dear friends,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for ETHUSDT
As we analyzed on April 10, we expected a fall to happen and here we observe there has been a fall since that time that shows the precise prediction of our team. Here we see R2 as the resistance area that includes the price was not able to rise at different points. R1 used to be a support area. And S1 and S2 at the bottom are the support areas which express the support of price at several points. The price was rejected at the previous resistance line (the white line) and after reaching S2, it was supported for more rise. Finally it was able to break the white line upward at its last triumph and after being supported at S1, it is fluctuating above this line at the present. We believe the price will resume its fall to touch S1 again and this time via receiving more support, it would be able to rise toward R1 or more. But in case the price loses the support at S1, more decline down to S2 is probable. By the time the price is supported well at S2 and on its returning trend upward, we can put our sale orders. Bear in mind that when the price is fluctuating over S1, the possibility of a decline is not so much high. It is suggested to wait for future and wait for some signs in order to make sue of the next trade action and then have more precise prediction for you. Be aware of activating your stop-loss in order to have less loss and less risky trades. Please be attentive to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Have a nice time
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for ETHUSDT
As we analyzed on April 10, we expected a fall to happen and here we observe there has been a fall since that time that shows the precise prediction of our team. Here we see R2 as the resistance area that includes the price was not able to rise at different points. R1 used to be a support area. And S1 and S2 at the bottom are the support areas which express the support of price at several points. The price was rejected at the previous resistance line (the white line) and after reaching S2, it was supported for more rise. Finally it was able to break the white line upward at its last triumph and after being supported at S1, it is fluctuating above this line at the present. We believe the price will resume its fall to touch S1 again and this time via receiving more support, it would be able to rise toward R1 or more. But in case the price loses the support at S1, more decline down to S2 is probable. By the time the price is supported well at S2 and on its returning trend upward, we can put our sale orders. Bear in mind that when the price is fluctuating over S1, the possibility of a decline is not so much high. It is suggested to wait for future and wait for some signs in order to make sue of the next trade action and then have more precise prediction for you. Be aware of activating your stop-loss in order to have less loss and less risky trades. Please be attentive to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Have a nice time
