Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ETHUSDT
Based on our last analysis on July 3, we expected a rising trend and now you observe that the price is on the rise. Here we have R2 and R1 as the resistance areas and they include the unsuccessful triumphs of the price to rise. And S1 and S2 are our support areas and both show the support of the price at some points . At the moment, we see the price fluctuating below R1 and we believe it will fall to S1 and if we receive some entrance candles at this point, we can have a long position for it and then we expect a rise for it to R1. In case the price falls below S1, it may face more decline.
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
Based on our last analysis on July 3, we expected a rising trend and now you observe that the price is on the rise. Here we have R2 and R1 as the resistance areas and they include the unsuccessful triumphs of the price to rise. And S1 and S2 are our support areas and both show the support of the price at some points . At the moment, we see the price fluctuating below R1 and we believe it will fall to S1 and if we receive some entrance candles at this point, we can have a long position for it and then we expect a rise for it to R1. In case the price falls below S1, it may face more decline.
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
