Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for BNBBTC

Here we have R2 and R1 as the resistance areas that express the price was not able to rise at different points. R3 used to be a support area. And S1 is a long-term support area in this chart containing the support of price even since the past. At the moment, we have the price fluctuating in S1 area in a rising trend and we expect it to resume its rise and reach R1. Then by having some rising signs there, we would wait for an increase. So if we receive some confirmation candles to rise, an increase would take place for the price to break R1 upward and even move toward R2 area in case it is supported and faces more fluctuation over R1. In case S1 area is lost, and the price is not supported at any point, more fall is predicted there for it to touch lower amounts. Please bear in mind to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.

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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