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 August 3, we predicted a rising trend and now all our targets are hit. In the present chart, we have R2 that used to be a support area and R1 is as our resistance line that represents the disability of the price in order to rise. And S1 is the support line which includes the support of the price at some points. Now you see that the price is fluctuating in R1 area and we believe it will rise to the top of R1 and then by making sure via some confirmation candles, we consider our short position and we expect a fall for it toward S1. Even a rise will be probable over R1 and up to R2. Note that when the price reaches R1 and by forming a 4-hour candles here, we can define our position better.
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 August 3, we predicted a rising trend and now all our targets are hit. In the present chart, we have R2 that used to be a support area and R1 is as our resistance line that represents the disability of the price in order to rise. And S1 is the support line which includes the support of the price at some points. Now you see that the price is fluctuating in R1 area and we believe it will rise to the top of R1 and then by making sure via some confirmation candles, we consider our short position and we expect a fall for it toward S1. Even a rise will be probable over R1 and up to R2. Note that when the price reaches R1 and by forming a 4-hour candles here, we can define our position better.
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
