Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BNBUSDT
As we analyzed on July 19, we expected a falling trend and now you see the decline happened after a little rise. In this chart, we have R2 and R1 as our resistance areas and S1 used to be a resistance line, as well and all represent the disability of the price to rise. And S2 is the support line and it shows the support of the price at some points since the past. Here we have the price fluctuating over S1 and we predict a rising trend to R1 and by giving a fixation over this area and even by receiving some confirmation candles, we consider more rise for it to R2. Also it is possible for the price to start falling when it reaches the top of R1.
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
As we analyzed on July 19, we expected a falling trend and now you see the decline happened after a little rise. In this chart, we have R2 and R1 as our resistance areas and S1 used to be a resistance line, as well and all represent the disability of the price to rise. And S2 is the support line and it shows the support of the price at some points since the past. Here we have the price fluctuating over S1 and we predict a rising trend to R1 and by giving a fixation over this area and even by receiving some confirmation candles, we consider more rise for it to R2. Also it is possible for the price to start falling when it reaches the top of R1.
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
