Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BTCUSDT
According to our last analysis on June 21, in which we had a short position, we expected a rising trend for the price and then a fall after that. Now you see that the rise has happened since that time. In the current chart, we have R2 as the resistance line and it expresses the unsuccessful attempts of the price to rise. R1 used to be support line as it shows the well support of the price at several points. And S1 is our support area. Again our prediction is to have a rise for the price up to R1 and then after that we expect it to start a decline to S1. If the price moves over R1, then it will have more rise by having a fixation at that area.
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 BTCUSDT
According to our last analysis on June 21, in which we had a short position, we expected a rising trend for the price and then a fall after that. Now you see that the rise has happened since that time. In the current chart, we have R2 as the resistance line and it expresses the unsuccessful attempts of the price to rise. R1 used to be support line as it shows the well support of the price at several points. And S1 is our support area. Again our prediction is to have a rise for the price up to R1 and then after that we expect it to start a decline to S1. If the price moves over R1, then it will have more rise by having a fixation at that area.
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
