Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BNBUSDT
Based on our last analysis on October 12, we expected a falling trend to happen and in this chart our prediction came true. Here we have R3 and R1 as the resistance areas that express the unsuccessful triumphs of the price to rise. R1 used to be a support line and S3 used to be a resistance area and S2 is our support area which includes the well support of price. At the moment, we have the price fluctuating over S1 and we believe it will face a rise toward R1 and then by being rejected, a decline is predicted for it to happen to S2. If the price is able to fix itself over R2, more rise is waiting for that. Note that it is better to wait for some confirmation candles before starting your 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
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BNBUSDT
Based on our last analysis on October 12, we expected a falling trend to happen and in this chart our prediction came true. Here we have R3 and R1 as the resistance areas that express the unsuccessful triumphs of the price to rise. R1 used to be a support line and S3 used to be a resistance area and S2 is our support area which includes the well support of price. At the moment, we have the price fluctuating over S1 and we believe it will face a rise toward R1 and then by being rejected, a decline is predicted for it to happen to S2. If the price is able to fix itself over R2, more rise is waiting for that. Note that it is better to wait for some confirmation candles before starting your 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
