Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ETHUSDT
In this chart, the price is moving in a descending channel. R2 line is our long-term resistance line and it shows the resistance of price to move above and in the last rejection of price, there was a falling trend and it reached S2 line. This line expresses the well support of the price at several points and even S1 is another support area in which the support of the price is clear since the past and expresses the good sales and profits at these points. At the present, the price is fluctuating below the yellow line as our 4-hour resistance line. We believe if the price moves over the yellow line and by fixing at this area, it will have more rise to R1 and then R2. Even it is possible for the price to lose the support and move below S1 area and then have more fall toward S2.
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
In this chart, the price is moving in a descending channel. R2 line is our long-term resistance line and it shows the resistance of price to move above and in the last rejection of price, there was a falling trend and it reached S2 line. This line expresses the well support of the price at several points and even S1 is another support area in which the support of the price is clear since the past and expresses the good sales and profits at these points. At the present, the price is fluctuating below the yellow line as our 4-hour resistance line. We believe if the price moves over the yellow line and by fixing at this area, it will have more rise to R1 and then R2. Even it is possible for the price to lose the support and move below S1 area and then have more fall toward S2.
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
Idea Berkaitan
ETHUSDT
MarsSignals
about ETHUSDT