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 November 22, we expected a rising trend to happen and here we observe the precise prediction of our team. Therefore, we have R2 as our resistance area which contains the disability of the price to rise. R1 used to be a support area. S1 used to be another resistance area and S2 is a the support area in which the support of price at different points is obvious. Thus, we have the price fluctuating over S1 area and our expectation would be a rise to the height of R1 and then by being rejected, the price will have another decline toward lower amounts. In case the price fixes itself over R1, more rise is expected for it but is the price moves below S1, surely more fall will happen to it. Bear in mind to activate your stop-loss points if you are looking for 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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