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 15, we expected a falling trend to happen and clearly one of our targets is hit in this chart. Here we have are R3, R1, and R2 as the resistance areas that all contain the disability of the price to rise. And S1 is our support area with its support of price since the past. Thus, we have the price fluctuating over S1 and our expectation would be a rise toward R2 after a little decline and by reaching R2, it is possible that the price is rejected and another fall will happen to it and subsequently, the price faces another rise up to higher amounts. If we have the fixation of price over R2, more rise is predicted for it. Remember to wait for some confirmation candles and then decide well for putting your trade orders.

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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