Ethereum / Bitcoin

ETHBTC

151
Hello Crypto Lovers,

Mars Signals team wishes you high profits.

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

There is R1 as the resistance area which includes the disability of the price to rise. S2 and S1 used to be resistance areas, as well. Presently, there is the fluctuation of price fluctuating below R1 and two scenarios are predicted for it. Either we receive some confirmation candles to rise and then the price rises to R1 or higher. Or the price loses the support here and it will face a decline toward S1 or lower than that. So make sure you have activated your stop-loss points in order to have more logical trades.

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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