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 November 29, we predicted a rising trend to happen and now our prediction came true. There is R2 as a long-term resistance line that expresses the price was not able to rise. R3 and R1 used to be support areas. S3 and S2 are our support areas with their well support of price presentation and S1 is a 4-hour support line in this chart. Presently, we have the price fluctuating at S1 and we believe it will have more rise by providing us some confirmation candles for this purpose. So this will happen in the coming days and also it is possible that the price loses the support and falls below S1 and faces more decline. Please follow our updates to come.

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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