Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BNBUSDT
According to our previous analysis on November 8, we predicted a falling trend to happen and currently one of our targets is hit. Here we see R3 that used to be a support area and R2 and R1 represent the resistance areas in which the price was unable to rise. S1 used to be another resistance line and S2 is a support area. Hence, we have the price fluctuating over S1. We believe it will continue its rising trend to R1 and there by being rejected, a decline will happen down to S2. This means that the right shoulder of our pattern is formed. In case the price rises over R1 and fixes there, more increase is there to higher amounts.
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
According to our previous analysis on November 8, we predicted a falling trend to happen and currently one of our targets is hit. Here we see R3 that used to be a support area and R2 and R1 represent the resistance areas in which the price was unable to rise. S1 used to be another resistance line and S2 is a support area. Hence, we have the price fluctuating over S1. We believe it will continue its rising trend to R1 and there by being rejected, a decline will happen down to S2. This means that the right shoulder of our pattern is formed. In case the price rises over R1 and fixes there, more increase is there to higher amounts.
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
