Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BTCUSDT
Based on our previous analysis on June 14, we had a short position for the price and predicted a falling trend for it. Now you see that this has come true. In this chart, we have R3 as a long-term resistance line and it shows the unsuccessful attempts of the price in order to rise. R2 used to be a support line and R1 is another resistance line for us. Also S1 is our 4-hour support line and S2 is another support area which expresses the support of the price since the past. At the moment, the price is fluctuating below R1 and we expect a rise for it up to R2 and then it may have a fall. Even it is possible that the price moves to R2 and then by having a good fluctuation over this line, it will rise more to R3 at about $33000 and 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
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BTCUSDT
Based on our previous analysis on June 14, we had a short position for the price and predicted a falling trend for it. Now you see that this has come true. In this chart, we have R3 as a long-term resistance line and it shows the unsuccessful attempts of the price in order to rise. R2 used to be a support line and R1 is another resistance line for us. Also S1 is our 4-hour support line and S2 is another support area which expresses the support of the price since the past. At the moment, the price is fluctuating below R1 and we expect a rise for it up to R2 and then it may have a fall. Even it is possible that the price moves to R2 and then by having a good fluctuation over this line, it will rise more to R3 at about $33000 and 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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