Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BNBUSDT
According to our last analysis on July 24, we expected a falling trend and now we have all our targets hit. Here, there is R1 as our resistance line and it represent the disability of the price in order to rise. S1 used to be a resistance area and S2 is the support area which contains the support of the price at some points. Currently, the price is fluctuating below R1 and we predict a decline to S1 and then by considering our long position, a rise is waiting for it. In case the price moves below S1, we will expect more fall for it. Remember to make sure by receiving some confirmation candles in S1 area for a rising or falling trend and then have 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 4-hour-time frame analysis for BNBUSDT
According to our last analysis on July 24, we expected a falling trend and now we have all our targets hit. Here, there is R1 as our resistance line and it represent the disability of the price in order to rise. S1 used to be a resistance area and S2 is the support area which contains the support of the price at some points. Currently, the price is fluctuating below R1 and we predict a decline to S1 and then by considering our long position, a rise is waiting for it. In case the price moves below S1, we will expect more fall for it. Remember to make sure by receiving some confirmation candles in S1 area for a rising or falling trend and then have 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
