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 12, we had a short position and we predicted a fall for the price. Now this has happened. In this chart, R2 is the long-term resistance line and R1 used to be a support line. The price had a rise again after touching R1 and it was able to reach R2 (to $31,000 amount) and then it faced a decline and now it is fluctuating below R1. We expect the price to continue its fall and touch S1 and then rise again to R1 and after that experience more decline to S1. But if it moves above R1 and is able to fix there, it will move upward to R2.
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 12, we had a short position and we predicted a fall for the price. Now this has happened. In this chart, R2 is the long-term resistance line and R1 used to be a support line. The price had a rise again after touching R1 and it was able to reach R2 (to $31,000 amount) and then it faced a decline and now it is fluctuating below R1. We expect the price to continue its fall and touch S1 and then rise again to R1 and after that experience more decline to S1. But if it moves above R1 and is able to fix there, it will move upward to R2.
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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