BTCUSDT
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BTCUSDT
As we analyzed on January 11, we predicted a rise to happen for the price and the current chart represents that one of our targets is hit. We see R1 and R2 as our resistance areas in which the unsuccessful attempts of price to rise is clearly seen. S1 used to be a resistance area. And S2 is the support area at the bottom of the chart. Thus, the price is fluctuating below R1 and we believe it will fall to S1 and then two options happen here. Either there is a rise for the price by providing us some rising signs and there would be an increase expected for it toward R1 or higher. Or it is probable that the price is rejected at S1 and faces a falling trend to S2. We recommend you to obtain every piece of information and idea via our analyses for enjoying more profitable trades.
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
As we analyzed on January 11, we predicted a rise to happen for the price and the current chart represents that one of our targets is hit. We see R1 and R2 as our resistance areas in which the unsuccessful attempts of price to rise is clearly seen. S1 used to be a resistance area. And S2 is the support area at the bottom of the chart. Thus, the price is fluctuating below R1 and we believe it will fall to S1 and then two options happen here. Either there is a rise for the price by providing us some rising signs and there would be an increase expected for it toward R1 or higher. Or it is probable that the price is rejected at S1 and faces a falling trend to S2. We recommend you to obtain every piece of information and idea via our analyses for enjoying more profitable trades.
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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