Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ETHUSDT
According to our last analysis on June 8, we predicted a fall for the price and now it has happened in this chart. Here we have R2 as the long-term resistance line and R1 used to be a support line which shows the well support of the price at several points. At its last rejection, the price had a fall and reached below R1. At the present, it is fluctuating between this area and on S1 we believe it will rise to R1 and then faces more decline to S1. In case it moves above R1 and enters the channel and fluctuates there, then it is able to move upward to other resistance areas.
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
According to our last analysis on June 8, we predicted a fall for the price and now it has happened in this chart. Here we have R2 as the long-term resistance line and R1 used to be a support line which shows the well support of the price at several points. At its last rejection, the price had a fall and reached below R1. At the present, it is fluctuating between this area and on S1 we believe it will rise to R1 and then faces more decline to S1. In case it moves above R1 and enters the channel and fluctuates there, then it is able to move upward to other resistance areas.
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
