ETCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ETCUSDT
Here we have R3 as our resistance line and the unsuccessful triumphs of the price to rise is obvious. R2 and R1 used to be the support areas as well as, which all S1 is a support area which expresses the support of the price at some points. At the moment, the price is fluctuating in R1 area. Therefore, it will have two options. Either it will rise over R1 and by giving a fixation there and by receiving some confirmation candles, we predict more rise for it to R2 or more. Or it will fall below R1 and experiences more decline toward S1. Remember that by the time the price does not leave R1 area. there is no precise prediction for it.
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