Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BTCUSDT
Based on our previous analysis on July 3, we predicted a rising trend after a fall and now you see that the prediction has come true and all our targets are hit. In the current chart, There is R1 as the resistance area and expresses the disability of the price in order to rise. S1 used to be a resistance line and S2 and S3 are our support lines and the support of the price at several points is clear on them . At the present, we have the price fluctuating over S1. The shadows here mean that there were a lot of sellers at this area and we expect the price to fall to S1 and then have a rise toward R1 and even higher. But if it moves below S1, it may have a pull back to S1 and then more decline will be waiting for it.
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
Based on our previous analysis on July 3, we predicted a rising trend after a fall and now you see that the prediction has come true and all our targets are hit. In the current chart, There is R1 as the resistance area and expresses the disability of the price in order to rise. S1 used to be a resistance line and S2 and S3 are our support lines and the support of the price at several points is clear on them . At the present, we have the price fluctuating over S1. The shadows here mean that there were a lot of sellers at this area and we expect the price to fall to S1 and then have a rise toward R1 and even higher. But if it moves below S1, it may have a pull back to S1 and then more decline will be waiting for it.
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
