Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ETHUSDT
According to our previous analysis on December 6, we predicted a falling trend to happen after an increase, and here you see that it has happened exactly. R2, R3, and R1 are all the resistance areas that express the price was not able to rise. And at the bottom, we have S1 that is our support line. At the present, we have the price fluctuating over S1 and in a kind of triangular shape and we believe it will rise up to R1 and then by giving us some confirmation candles to rise, an increase will be waiting for it to higher amount. Or even it my fall below S1 or might be rejected at R1 and face more decline. Pay enough attention to everything in the analyses.
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 4-hour-time frame analysis for ETHUSDT
According to our previous analysis on December 6, we predicted a falling trend to happen after an increase, and here you see that it has happened exactly. R2, R3, and R1 are all the resistance areas that express the price was not able to rise. And at the bottom, we have S1 that is our support line. At the present, we have the price fluctuating over S1 and in a kind of triangular shape and we believe it will rise up to R1 and then by giving us some confirmation candles to rise, an increase will be waiting for it to higher amount. Or even it my fall below S1 or might be rejected at R1 and face more decline. Pay enough attention to everything in the analyses.
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
