Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ETHUSDT
According to our previous analysis on June 19, we predicted a rising trend in that chart and now we see this has happened and then the price had a fall after that. Here we have R3 line which shows the unsuccessful attempts of the price in order to increase. R1 and R2 used to be support areas and the support of the price is clear at some points in them. Even S1 area is a support area and includes the well support of the price since the past. At the moment, the price is fluctuating on S1 area and we expect it to have a decline to the bottom of this area and then will have a rise toward R1. If the price gives a fixation above R1 and we receive confirmation candles, then we expect more rise for it toward R3 and more. Also, it is possible for the price to lose the support at this point and start a fall below S1 (this is not probable now).
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 ETHUSDT
According to our previous analysis on June 19, we predicted a rising trend in that chart and now we see this has happened and then the price had a fall after that. Here we have R3 line which shows the unsuccessful attempts of the price in order to increase. R1 and R2 used to be support areas and the support of the price is clear at some points in them. Even S1 area is a support area and includes the well support of the price since the past. At the moment, the price is fluctuating on S1 area and we expect it to have a decline to the bottom of this area and then will have a rise toward R1. If the price gives a fixation above R1 and we receive confirmation candles, then we expect more rise for it toward R3 and more. Also, it is possible for the price to lose the support at this point and start a fall below S1 (this is not probable now).
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
