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 October 30, we expected a falling trend to happen and now you observe that our prediction came true. Here we have R1 as our resistance area in which the price disability to rise is clear. and S1 and S2 are the support areas that express the well support of price. At the present, we have the fluctuation of price below R1 area and our expectation would be a decline for it to touch S1 and then we must wait for some confirmation candles in order to have a rising trend toward R1 and surely our long position in the chart is activated. It is not so probable for the price to fall below S1 currently. The point is to consider signs and confirmation candles before putting your trade orders.
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 October 30, we expected a falling trend to happen and now you observe that our prediction came true. Here we have R1 as our resistance area in which the price disability to rise is clear. and S1 and S2 are the support areas that express the well support of price. At the present, we have the fluctuation of price below R1 area and our expectation would be a decline for it to touch S1 and then we must wait for some confirmation candles in order to have a rising trend toward R1 and surely our long position in the chart is activated. It is not so probable for the price to fall below S1 currently. The point is to consider signs and confirmation candles before putting your trade orders.
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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