Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for ETHUSDT

There are R1 and R3 as our resistance areas which involve the unsuccessful attempts of price to rise. R2 used to be a support area and S1 is a support line at the bottom. At the moment, we have the fluctuation of price at R1 and we predict two scenarios at that point. Either the price will provide us some rising signs and a rise will wait for the price toward R2. Even it happens that the price is not supported at R1 and it would experience a decline down to S1. Remember to activate your stop-loss points due to the unstable situation of market and in order to have less risky trades.

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

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