Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for ETHUSDT

There are R2 and R1 as our resistance areas which both express the disability of the price to rise. S1 used to be another resistance area and S2 is a support line in our chart. Thus, we have the price fluctuating above S1 and at this point, we predict two scenarios to take place. Either the price will start a falling trend toward the bottom of S1 and then by a pull back to a higher amount, it will continue its falling trend. Or it happens that the price gives us some rising signs and then we predict an increase for it up to R1 or even higher.

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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