Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ETHUSDT
As we analyzed on August 31, we predicted a rising trend and now you see that the price is on the rise. Here we have R2 and R1 as the resistance areas that contain the disability of the price to rise. S1 and S2 used to be resistance areas, as well. At the present, we have the price fluctuating below R1 and by reaching this line and being rejected, we expect the right shoulder of our pattern would be completed. In case the price moves above R1, more increase is waiting for it toward R2 but now we expect a falling trend for it.
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
As we analyzed on August 31, we predicted a rising trend and now you see that the price is on the rise. Here we have R2 and R1 as the resistance areas that contain the disability of the price to rise. S1 and S2 used to be resistance areas, as well. At the present, we have the price fluctuating below R1 and by reaching this line and being rejected, we expect the right shoulder of our pattern would be completed. In case the price moves above R1, more increase is waiting for it toward R2 but now we expect a falling trend for it.
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
